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Chile court looks at alleged Escondida breaches

Chile court looks at alleged Escondida breaches

A Chilean environmental court will look into the State Defence Council’s (CDE) allegations that Escondida copper mine, the world’s largest, has caused “irreparable damage” to the Punta Negra salt flat, in the northern Antofagasta region. In the lawsuit filed against...
Barrick to invest $10 million in Precipitate Gold

Barrick to invest $10 million in Precipitate Gold

Barrick Gold has inked an earn-in agreement with Precipitate Gold that gives it the right to earn a 70% stake in the junior’s Pueblo Grande project, located right next to the gold giant’s Pueblo Viejo mine in the Dominican Republic. To earn the set interest, the...
Eldorado Gold to reopen Lamaque mine

Eldorado Gold to reopen Lamaque mine

Canada’s Eldorado Gold said it will resume operations at its Lamaque mine in Quebec on April 15 as the province has confirmed that mines can reopen starting Wednesday, but only with strict measures in place to limit potential spread of covid-19. The requirements...
Copper price rally builds after China imports surprise

Copper price rally builds after China imports surprise

Copper jumped on Tuesday after a rebound in Chinese imports of the metal indicated the country’s manufacturing sector may be emerging faster than initially thought from the covid-19 slump. Customs data showed China’s refined copper imports in March rose 13% from a...
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