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Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Read More
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British Columbia is known for its coal and copper-gold deposits, with a storied history of mining all three commodities. Now the second largest mining company in the world is hoping to add a BC copper porphyry deposit to its portfolio of development properties.Rio Tinto's (ASX, LON:RIO) Chris Welton said the London and New York-listed mega-miner is scoping out British Columbia for a copper play."W...Read More
By 2030, the amount of installed wind power globally will more than double, according to the International Energy Agency (IEA). Installed solar power will quadruple.And the number of electric vehicles will increase 1,389% - to 125 million from three million - by 2030, and 3,333% in 2040 to 300 million, according to the IEA.Given that each electric vehicle requires 83 kilograms of copper and each...Read More
Montreal's Yorbeau Resources has resumed diamond drilling at its Scott copper-zinc property between the towns of Chibougamau and Chapais. The goal is to identify an extension of the deposit west of the Gwillim fault.A preliminary economic assessment was made in 2017 for the Scott project that planned on mining 12 million tonnes at grades of 4.14% zinc, 0.81% copper, 27 g/t silver and 0.24 g/t go...Read More
Miner AngloGold Ashanti said on Tuesday it has halted a soil study at a site in Colombia after the town's mayor issued a suspension order because of a recent mining ban.Work at the site in Jerico, Antioquia province, was stopped on Monday and the project will remain halted pending a review by the province's tribunal, AngloGold said.The company was not carrying out mining exploration at the site, b...Read More
Vedanta Ltd.'s Zambian unit will press ahead with expansion plans even as the government of Africa's second-biggest copper producer increased mining royalties, and has undertaken not to fire any workers."Our actions are designed to sustain and create jobs, grow the economy, and contribute more to the treasury."The assurance by Konkola Copper Mines Plc, following a meeting between management and go...Read More
The number of miners missing after an earth tremor struck KGHM Polska Miedz's mine near the Polish town of Rudna, 70 miles east of the German border, fell to one from nine, the copper producer said on Twitter on Tuesday.Earlier KGHM spokesperson Anna Osadczuk told Reuters the miners were missing after the tremor hit the mine early this afternoon 770 metres below the earth's surface.Eleven teams to...Read More
Mongolia is working with overseas investigators to look into claims of corruption at its giant Oyu Tolgoi copper mine, the country's anti-graft body said on Tuesday, after the re-arrest of a former minister suspected of "abuse of power".Bayartsogt Sangajav was first arrested last April and released in June in a probe into 2009 negotiations over the development of the mine, then owned by Canada's I...Read More
Mining companies need to determine how to operate in a market that is also characterized by rising stakeholder demands, a widening talent gap, dwindling access to key inputs such as energy and water, and a Chinese economy growing at under 7%, rather than 12%, just to mention some challenges. (Image courtesy of Codelco | Flickr.)2019 could go down in history as the year mining companies stopped anc...Read More
The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners' gains will likely resume soon, rekindling bul...Read More