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Lundin’s Fruta del Norte produced 28,678 oz gold in 2019
Lundin Gold reported Thursday afternoon that ramp-up to commercial production is on schedule and on budget at its Fruta del Norte gold project in southeast Ecuador, the country’s largest. A total of 28,678 ounces of gold were produced by the end of 2019. Of the total...
First Quantum achieves record annual copper production
Canadian copper producer First Quantum on Thursday reported its highest ever annual production. The company also said that it could increase its output by up to 25% this year. First Quantum, which declared commercial production at its Cobre Panama mine this past...
Protests in Argentina following modification of mining law
A number of protests took place this weekend in Argentina’s central province of Mendoza, following the approval of a new version of Law 7722, which restricted the use of dangerous chemicals in mining operations. The provincial legislature greenlighted the modification...
Codelco cancels $1bn desalination plant contract with Japan’s Marubeni
Chile’s Codelco, the world’s No. 1 copper producer, has cancelled a $1 billion contract awarded in November to a consortium led by Japan’s Marubeni to construct and operate a desalination plant that would supply water to the miner’s Chuquicamata, Radomiro Tomic and...