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Copper Mountain shares up on strong Q2 results
Copper Mountain Mining exceeded its revised operating plan for the second quarter of 2020, the Vancouver-based miner announced on Wednesday. The company operates three mines, one in British Columbia and two in Australia. Production for the three-month period reached...
Fortuna restarts operations at Caylloma mine in Peru
Fortuna Silver has resumed production activities at the Caylloma mine located in the province of Arequipa, Peru. The company closed the mine on July 6 after an on site contractor suddenly died; the cause of death had not been determined. The mine site was also...
Chile government rejects Codelco privatization
The Chilean government ruled out on Wednesday the privatization of state-owned mining giant Codelco, the world’s largest copper producer, after a small group of lawmakers proposed to sell it off to raise funds for the coronavirus response. Chile’s Chamber of Mines and...
New Century, Vale delay nickel mine deal
New Century Resources and Vale have delayed the deadline for closing the sale of the Brazilian miner’s nickel and cobalt operations on the Pacific island of New Caledonia by 45 days. The Australian zinc producer entered into a 60-day exclusivity agreement to acquire a...