Loading
Trevali restarts Santander mine in Peru
Trevali announced on Wednesday that it has begun to restart operations at the Santander mine in Peru with additional covid-19 health protocols in place. Mining and milling operations were suspended on June 25 after 19 workers tested positive for covid-19. One person...
Nevada Copper announces $71m financing to navigate financial difficulty
Nevada Copper plans to raise, through a bought deal offering of 643.7 million units of the company at C$0.15 per unit, approximately C$97 million (about $71 million) to address the company’s “serious financial difficulty.” The US-focused copper miner has entered into...
Copper price near 2-year high after Chinese imports rocket
In March, the bellwether metal briefly traded below $2.00, levels last seen during the global financial crisis of 2008-2009, but has now recovered by nearly 50%. Customs data released overnight showed China’s unwrought copper imports (anodes and cathodes) in June rose...
Nornickel reports another fuel spill in the Arctic
Russian mining company Norilsk Nickel reported that a pipeline belonging to Norilsktransgaz, which is part of the Norilsk Nickel Group, depressurized during the transfer of aviation fuel in the vicinity of the village of Tukhard, located on the Gydanskii tundra. In...