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Taseko finalizes development plan for Yellowhead copper project
Taseko Mines has completed a new development plan and updated study for its Yellowhead copper project, 150 km northeast of Kamloops, British Columbia, adding 100 million tonnes to reserves and improving the economics. A new technical report pegs pre-production capital...
Rio’s Kennecott copper problems to last a year
Rio Tinto mined 557,400 tonnes of copper in 2019, a 5% drop over the year before due to lower grades, which the Anglo-Australian giant could only partially offset with higher throughput. All the major copper producers are plagued by aging mines and falling grades, but...
Battery nickel price regains premium over metal
Much like prices for cobalt, lithium and graphite, nickel feedstock for battery manufacture ended 2019 on a weak note, as a retreat in Chinese electric vehicle sales in the second half of the year and slower than expected transition to nickel-rich battery chemistries...
Barrick forges ahead with Papua New Guinea mine in face of local backlash
Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China’s Zijin Mining With a 20-year lease renewal...