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Benz expands Eastmain gold project in Quebec
Benz Mining announced that it has acquired an option to earn a 100% interest in the Ruby Hill West and Ruby Hill East properties, located west of its Eastmain gold mine project in James Bay District, Quebec. In a press release, Benz said that the deal is with Eastmain...
First Cobalt to produce battery-grade by year-end
Canada’s First Cobalt said on Monday it expected to begin production of cobalt sulphate late this year or in early 2021, which would make it North America’s only primary producer of the key ingredient for the batteries that power electric vehicles (EVs) and high-tech...
Glencore’s Zambia subsidiary to resume mining operations temporarily
Glencore’s Zambian subsidiary Mopani Copper Mines (MCM) will resume mining operations for 90 days but still expects to go ahead with its initial plan to place its mining operations on care and maintenance, the local firm said on Sunday. Glencore’s original...
Copper market heading for 200,000-300,000 tonne surplus in 2020 – Antofagasta chief
The global copper market is headed for a surplus of between 200,000-300,000 tonnes in 2020, the head of miner Antofagasta told Chilean media on Saturday, with operation halts at some mines offsetting depressed demand due to the coronavirus pandemic.Iván Arriagada,...