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Bacanoraโ€™s lithium project in Mexico three times richer than thought

Bacanoraโ€™s lithium project in Mexico three times richer than thoughtThe project is located 180 km northeast of Hermosillo in the Mexican state of Sonora. Canada and London-listed Bacanora Minerals (TSX-V:BCN) (LON:BCN) saw it shares gain almost 4.7% on Monday...

Vale says S11D to push costs down to $10 a tonne

Carajรกs 2009 NASA satellite photo via Wikimedia CommonsThe price of iron ore continued to slide on Friday after top producer Vale indicated its flagship expansion project will come in under and budget and on time. On Friday the benchmark...

Twice-defeated disclosure bills given new life with Liberal majority

The Liberal MP who pushed for legislation promoting transparency when companies set up operations abroad told Vice News he hopes the newly-elected Trudeau government will pick up his twice- defeated bills. In 2009 John McKayโ€”Liberal Member of Parliament for...

Worldโ€™s biggest zinc producer exploring total exit from mining

Europeโ€™s biggest zinc producer exploring total exit from miningThe company has already suspended operations at its Mexicoโ€™s Campo Morado (pictured) and Canadaโ€™s Myra Falls mines. Debt-laden European zinc producer Nyrstar (EBR:NYR) said Monday it plans to raise up to...

BHP Billiton hits seven-year low in wake of Brazil disaster

BHP Billiton hits seven-year low in wake of Brazil disaster Shares in BHP Billiton (ASX:BHP) fell sharply on Sydney Monday, touching a seven-year low, as the mining giant took an additional hit from the tailings dam disaster at the...

Commodities rout a sign the world economy is growing, says economist

Export Development Canada (EDC), one of the largest export credit agencies in the world, expects exports to pick up next year, basing such bullish prediction on the theory that dropping commodity prices โ€” combined with the effect of quantitative...

Kinross Q3 revenue drops 15%, Denver office to be shut

Kinross said its Q3 revenue came in $80.4 million compared to $947.5 million in Q3 2014 mostly due to lower gold prices. Production was down slightly, 680,679 gold equivalent ounces (Au eq. oz.) compared with 693,818 ounces in Q3...

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