AbraSilver gets $15m investment from Kinross, Argentina power provider

AbraSilver Resource said on Monday it has received investments from both Kinross Gold and Central Puerto, Argentina’s leading electricity provider, to fund the development of its flagship Diablillos project in Salta province.

Study hints Predictive Discovery’s Bankan project could be Guinea’s ‘largest gold mine’

A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value more than $210 million higher than its capital costs.

China’s coal price slump likely to persist until start of summer

Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the fossil fuel and taking a toll on the country’s miners.

Ivanhoe Electric earns into 60% of nickel-copper project in Côte d’Ivoire

Ivanhoe Electric (NYSE American: IE) (TSX: IE) terest in the Samapleu-Grata nickel-copper project in Côte d’Ivoire after satisfying the expenditure requirements outlined in an agreement from three years ago.

SolGold saves $1bn in Cascabel upfront cost with phased mine development

SolGold has managed to slash the upfront cost of the 100% owned Cascabel project in Ecuador while the company continues to explore the potential sale of its flagship copper-gold property. A new pre-feasibility study (PFS) released Friday showed a sizeable reduction in the initial capital cost, highlighted by over $1 billion in savings.

Dolly Varden discovers new, high-grade gold zone at Homestake Ridge

Dolly Varden Silver (TSXV: DV) has discovered a new, gold-rich zone to the northwest of its Homestake Silver deposit in British Columbia’s Kitsault Valley. The Kitsault Valley project is 100%-owned by Dolly Varden.

Anglo American explores for copper, cobalt in Zambia

Anglo American is in the early stages of exploring for copper and cobalt in Zambia’s North-Western province, its chief executive officer Duncan Wanblad said on Monday.

Sandvik to cut 1,100 jobs as Q4 profit lags expectations

Sandvik plans to cut around 1,100 jobs as part of a cost-saving drive, the Swedish mining equipment maker said on Thursday, as it reported adjusted fourth-quarter profits just below expectations.

Codelco reaches agreement with Ministro Hales mine supervisors

Chile’s state-owned Codelco said Friday it reached an early collective contract agreement with supervisors at its Ministro Hales mine, avoiding the risk of a strike.

First Quantum suspends dividend

Canadian miner First Quantum Minerals said on Monday it planned to conserve capital, suspend its dividend, cut jobs and lower costs to strengthen its financial position after it was forced to halt production at its Cobre Panama copper mine.

Ecuador-focused Adventus and Luminex to merge

Mining News Pro - Canadian junior Adventus Mining is acquiring cohort Luminex Resources in an all-stock deal that creates an Ecuador-focused copper-gold development company.

Codelco CEO sees copper output in 2023 closing at 1.315mt

Mining News Pro - Production at Chile’s Codelco, the world’s largest copper miner, will close the year at around 1.315 million metric tons, towards the lower end of the estimated range, the company’s chief executive said in an interview published on Sunday by La Tercera.

Epiroc collaborates on critical minerals

Mining News Pro - Epiroc is partnering with European consortium Smart Exploration on research dedicated to minerals and metals that are innovation-critical in the net-zero push.

Poseidon’s Black Swan makes strong progress

Mining News Pro - Poseidon Nickel has provided details of the recent progress made at its flagship projects located in Kalgoorlie, Western Australia.

Saudis in talks with Pakistan on Reko Diq, Barrick CEO says

Mining News Pro - Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in a $7 billion copper project jointly owned with Barrick Gold Corp., according to the head of the mining company.

US will extend EU metals tariff exemption if needed

Mining News Pro - The United States will roll over its suspension of tariffs on European Union steel and aluminum if the two sides need more time to agree on measures to address overcapacity and low-carbon production, the US ambassador to the EU said on Wednesday.

$1bn metals SPAC deal backed by Glencore

Mining News Pro - A $1 billion metals deal by blank-cheque fund ACG Acquisition Co has been terminated following delays when the different sides, which included a leading global miner and top automakers as anchor investors, tried to revise it, ACG said on Thursday.

Colombian mining sector needs clear government messaging for energy transition

Mining News Pro - Colombia’s mining industry is ready to contribute to the energy transition but needs coherent messaging from the government to create the certainty needed to support investment, the boss of the Colombian Mining Association (ACM) said on Monday.

Pakistan’s PM invites Rio Tinto to explore investment opportunities

Mining News Pro - Pakistan’s Prime Minister extended an invitation to Rio Tinto’s CEO to visit the country to explore investment opportunities further in a meeting in New York on Thursday.

20 percent jump in NICICO’s exploratory drilling

Mining News Pro - The CEO of National Iranian Copper Industries Company announced a 20% increase in exploratory drilling compared to last year.

Champion Iron shares rise after update boosts Bloom Lake resources by 40%

Mining News Pro - An update for Champion Iron‘s Bloom Lake mine in northeast Quebec has increased measured and indicated resources by 40% and inferred resources by 360%, boosting company shares by more than 6% on Wednesday.

Looking True North for copper

Mining News Pro - True North Copper has announced “exceptional” high-grade copper-cobalt-silver results from its first drillhole at the Vero resource in Queensland.

A showdown in Jamaica is deciding the fate of the deep ocean

Mining News Pro - In June, the United Nations approved a landmark treaty to preserve ocean biodiversity, seeming to augur a transformation in how countries and corporations do business on the high seas. But as the UN-affiliated International Seabed Authority (ISA) meets in Kingston, Jamaica, this week, it will be writing rules for deep sea mining that threatens the very ecosystems in need of preservation.

Komatsu powers up

Mining News Pro - Komatsu has been developing and supplying technologies, equipment and services for the construction, mining, forklift, industrial and forestry markets for more than a century.

Orexplore further explores critical minerals sector

Mining News Pro - Metal mining services company Orexplore Technologies has secured two key contracts in the critical minerals sector.

Esfahan Mobarakeh Steel co.
khuzestan steel
chadormalu Co.
ghadir neiriz co
sangan steel
ahan o fulad golgohar