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Rio signs $51 million earn-in on Zambia copper deposits
Rio Tinto has entered into an earn-in and joint venture agreement with Vancouver-based junior Midnight Sun Mining, under which the Anglo-Australian miner can earn up to a 75% interest in the latter’s Solwezi licenses. The Solwezi licenses comprise two individual...
Rio Tinto boosts budget for Citadel copper project
Rio Tinto will spend a further A$9.2 million ($5.9m) on exploration at the Citadel copper-gold project, a joint venture with junior Antipa Minerals, in Western Australia’s Paterson Province. The earmarked budget for this year is well above the previous commitment of...
Six workers at Fortuna Silver Mines’ Peruvian operation test positive for covid-19
Six workers at Fortuna Silver Mines’ Caylloma operation in southern Peru tested positive for covid-19 and have been isolated in a special area while being monitored by medical personnel. The information was made public by Fortuna’s wholly-owned subsidiary, Minera...
Premier Gold shares hit 4-month high on strong Q1 output
Premier Gold Mines reported on Thursday production results for the first quarter of 2020, with strong performance from South Arturo in its second full quarter of production at the El Niño underground mine. A total of 7,489 ounces of gold were recovered from South...