Mining industry
Exploration activities at the company's new joint venture project have made significant progress, with outcropping copper mineralization discovered in the south of the Chu-Sarysu Basin. Following the discovery, a 15,000-metre diamond drill campaign has commenced in the western section of the joint venture's licence package
Mining industry
US Copper Corp. has appointed Libertas Metallurgy Limited to review the metallurgical work at its Moonlight-Superior Mining property in Plumas County, California. Libertas Metallurgy, founded in 2017, specializes in metallurgical consulting services, including flotation, leaching, and process design. The team will provide recommendations for the planned Pre-Feasibility Study (PFS) and
Mining industry
A massive toxic waste spill, caused by the collapse of a dam at the Sino-Metals Leach Zambia copper mine, has left millions of people in Zambia without access to clean drinking water. Chinese-owned Sino-Metals Leach Zambia, a subsidiary of the state-run China Nonferrous Metal Mining Group, has been accused of
Mining industry
Critical Mineral Resources PLC (LSE:CMRS) shares have experienced a significant surge, with a 40% increase in Wednesday's trade. This rise is attributed to the company's plans for the Agadir Melloul sedimentary copper project in central Morocco. The project's expansion has resulted in the
Mining industry
SM Investments Corp. has made a significant move in its drive to expand renewable energy across its operations by launching the Philippines' first large-scale floating solar project in Cebu. The 4.99MW floating solar facility, commissioned by Carmen Copper Corp. on the Malubog Reservoir, is designed to meet about
Mining industry
The Asian Development Bank (ADB) has approved a $410 million financing package for Pakistan's massive Reko Diq copper mine, which will become the world's fifth-largest copper operation when complete. The project, located in the Balochistan province, represents Pakistan's largest foreign direct investment ever and
Mining industry
The International Monetary Fund (IMF) has published a staff report after completing the Article IV Consultation for Panama. The country's GDP growth slowed down due to the closure of the Cobre Panama copper mine, which directly and indirectly accounted for around 5% of GDP and 2% of employment.
Mining industry
A 9th Circuit Court of Appeals panel has granted a temporary injunction, halting the proposed transfer of a sacred Native American site, Oak Flat or Chí'chil BiÅ,dagoteel, to Resolution Copper, a foreign company. This decision comes after a district judge recently declined to stop the transfer of
Mining industry
The Asian Development Bank (ADB) has approved a financing package for the Reko Diq copper-gold mine in Pakistan, marking a significant step towards meeting rising global demand for critical minerals and promoting economic development in the nation. The project, which will unlock transformative economic growth and poverty reduction, is expected
Mining industry
LX International, a trading company under the LX Group, marked a significant milestone after receiving a Certificate of Final Relinquishment from the Philippine government, recognizing its successful mine rehabilitation efforts in the Rapu Rapu copper mine. This achievement paves the way for sustainable resource development and cooperation between the company,
Mining industry
Human rights organisations and advocacy groups have sounded the alarm over the Reko Diq copper mine project in Balochistan, citing environmental and social risks associated with the project. The International Finance Corporation (IFC) and the Asian Development Bank (ADB) have been urged to reconsider their financing decisions due to the
Mining industry
A U.S. appeals court has issued a temporary injunction blocking the transfer of federal forest land in Arizona to international mining companies, prompting celebration from the Native American tribe that has fought against the project for decades. The land includes Oak Flat, a sacred area for the San Carlos
