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Vale resumes Creighton operations after earthquake

Vale resumes Creighton operations after earthquake

Vale has confirmed a 3.6Mn earthquake at 3:10 a.m on the 8,070 foot level of its Creighton mine in Sudbury, Ontario. The event was felt in the community and was recorded by Earthquakes Canada. Vale confirmed that the seismic event occurred after a development blast....
MMG copper output sinks on Peru force majeure

MMG copper output sinks on Peru force majeure

Australia-based MMG saw copper production decline 20% in the first three months of the year, compared to the same period in 2019, after declaring force majeure at its Las Bambas mine in Peru amid coronavirus-related restrictions. The company, majority-owned by...
Europe’s largest lithium project fully funded

Europe’s largest lithium project fully funded

European Metals Holdings’ shareholders have approved a major investment in the company’s Cinovec lithium and tin project in Czech Republic, believed to be Europe’s largest deposit of the battery metal. The decision allows Czech utility CEZ, in which the state holds a...
Overview Market Close – April 23, 2020

Overview Market Close – April 23, 2020

Americas Name Value Net Change % Change DOW JONES INDUS. AVG 23,515.26 +39.44 +0.17% S&P 500 INDEX 2,797.80 -1.51 -0.05% NASDAQ COMPOSITE INDEX 8,494.75 -0.63 -0.01% NYSE COMPOSITE INDEX 10,916.67 +8.11 +0.07% S&P/TSX COMPOSITE INDEX 14,251.09 -37.07 -0.26%...
Venezuela allows gold mining in river basins

Venezuela allows gold mining in river basins

Emulating the late Hugo Chávez, Nicolás Maduro makes a fuss on TV every time his government makes a decision, no matter how big or small. But that wasn’t the case this April, when Maduro’s Ministry for Ecological Mining Development, through resolution N° 0010...
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