COPPER
Peru’s Minsur plans $2bn investment to boost copper and tin output
Peruvian mining company Minsur is planning to boost its copper and tin production in the country with an investment of at least $2bn (7.39bn sol) over the next five years, reported Reuters, citing an executive.
As part of the plan,...
COPPER
Vale starts load tests at iron ore briquette plant in Brazil
Vale has commenced load tests at the first iron ore briquette plant at the Tubarão Unit in Vitória, Brazil. The plant is expected to help reduce greenhouse gas (GHG) emissions from the steel industry.
Vale said the tests form part of...
GOLD
Leviathan Gold receives exploration licence in Victoria, Australia
Leviathan Gold’s wholly owned subsidiary, Leviathan Gold (Australia), has received a permit for a new exploration licence (EL), EL 7937, in Victoria, Australia.
Covering a 19km² area, the licence has been awarded by the Victorian Government’s Department of Energy, Environment...
Aluminium
2023 China Guangzhou Int’l Metal & Metallurgy Exhibition Exhibition report
2023 China(Guangzhou) Int’l Metal and Metallurgy Exhibition hosted by Guangzhou Julang Exhibition Design Co., Ltd. was successfully held from May 18 to 20, 2023 at Pazhou Exhibition Hall of Canton Fair, the largest in Asia.
After the end of the...
COPPER
Copper Price Plummets Below $8,000 After Lockdowns In China
On Wednesday, the price of copper dropped below $8,000 per tonne, marking its first decline since November, as the hopes for a rapid recovery in China's economy diminish. Copper futures for delivery in July experienced a decrease of 2.74%...
GOLD
Austral Gold Signs LOI to option its Calvario-Mirador Copper Projects to Colossus Resources
Established gold producer Austral Gold Ltd. Has signed a letter of intent (LOI) with Colossus Resources Corp. pursuant to which Austral, together with its subsidiaries Revelo Resources Corp. and Minera Mena Chile Ltda. (collectively, the “Austral Group”), proposes to...
News
Nickel Asia Corp announces two new mines in Philippines
Nickel Asia Corp (NAC), the biggest nickel producer in the Philippines, has announced plans to expand its nickel operation in the country with two further mines. The company has also explored the possibility of adding a third nickel processing...
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