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Colibri to sell 50% of gold Sonora project to Silver Spruce
Colibri Resource announced that it has entered into an agreement with Silver Spruce Resources granting an option to purchase 50% of its wholly-owned Mexican subsidiary Yaque Minerales, which holds the El Mezquite gold project in Sonora. In a media statement, Colibri...
Global nickel output to decline 19% y-o-y in 2020
In its latest report, Fitch Solutions revised down most of its 2020 mining production as well as metals production and consumption forecasts and said it will keep adjusting estimates in line with the evolution of the situation and of government and company...
Appia to drill at world’s 2nd richest rare earth prospect
About 80-85% of North America’s rare earths supply currently comes from China, a situation that is becoming untenable, given the US-China trade war tensions and coronavirus pandemic. Shutdowns to manufacturing plants in China that could potentially cut off rare earths...
Russia’s gold mine production growth to overtake China’s by 2029
The global gold mine production growth is expected to rebound in the coming years underpinned by higher gold prices and mergers between major mining firms. The forecast global gold production to increase from 106moz in 2020 to 133moz by 2029, averaging 2.5% annual...