On March 16 (Monday), Morgan Stanley expressed a bullish outlook on aluminum prices as ongoing shipping disruptions in the Strait of Hormuz have led to increased smelter shutdowns in the Middle East. The bank reported that approximately 564,000 tonnes per year of aluminum capacity in the region is currently offline, accounting for 0.8% of global […]
On March 8 (Sunday), Jamaica’s bauxite and alumina industry is approaching its 75th anniversary, marking a milestone for one of the country’s most important economic sectors. Industrial activity in the industry began in 1952, when Alcan shipped its first alumina in January and Reynolds Metals exported its first bauxite on June 5 of the same
According to Mining Weekly, citing Reuters, Ecuador’s National Assembly on Thursday (26) approved a reform bill proposed by President Daniel Noboa aimed at promoting the development of the country’s mining sector. The measure, however, has been criticized by environmental activists and indigenous groups. The reform includes adjustments to the environmental permitting process, which the government
Ecuador Approves Mining Reform to Boost Investment Despite Environmental Opposition Read More »
According to Mining.com, Antimony Resources Corp announced that the Marcus West Zone of its Bald Hill project in New Brunswick, Canada, has expanded in scale, with the discovery of “massive” stibnite mineralization. Through continued trenching along strike and sampling analysis, field teams identified additional mineralization in the surrounding host rocks. Stibnite is commonly mined as
On Friday, Capstone Copper said that the largest union at its Mantoverde copper-gold mine in Chile has approved a new three-year labor contract, bringing an end to a strike that began on January 2 and clearing the way for a return to normal operations. Capstone said that production at the mine had fallen to around
Capstone Copper to Resume Full Production at Chile’s Mantoverde Copper-Gold Mine Read More »
According to Mining Weekly, citing Reuters, an executive from Coal India’s coking coal division said on Thursday that the company is exploring partnership opportunities for rare earth mining in Australia, Russia, Argentina, Chile and several African countries. Manoj Kumar Agarwal, Chairman and Managing Director of Bharat Coking Coal Limited (BCCL), told Reuters that Coal India
Coal India Seeks Overseas Partnerships for Rare Earth Projects, Says BCCL Executive Read More »
According to Mining Weekly, NevGold, which is listed in Toronto, Frankfurt and on the OTCQB, has reported positive results from phase one pit sampling at its Limon Butte project in Nevada, United States. The results confirm the continuity of antimony and gold grades within historic heap leach pads and indicate potential for near-term antimony production.
According to BNAmericas, Australian-listed Meteoric Resources has announced the start-up of a rare earth pilot plant at its Caldeira rare earth project in Brazil, following an investment of approximately US$300 million. Meteoric Resources owns the Caldeira rare earth deposit, located in the state of Minas Gerais. The pilot facility integrates the company’s existing processing flowsheet
Meteoric Resources Commences Rare Earth Pilot Plant at Caldeira Project in Brazil Read More »
According to Mining.com, Capitan Mining Inc. has reported a more than 120% increase in inferred resources at its Cruz de Plata gold-silver project in Durango, Mexico, following the completion of a resource update focused on the Capitan Hill area. The updated estimate now includes 39.8 million tonnes grading 0.41 g/t gold and 3.3 g/t silver,
According to Mining.com, Aya Gold & Silver Inc. has reported the strongest mineralization yet encountered at its Boumadine polymetallic project in Morocco, following the discovery of a new high-grade parallel structure. Drill hole BOU-MP25-087 intersected 15 meters grading 3.31 g/t gold, 1,900 g/t silver, 4.8% zinc, 1.8% lead, and 0.03% copper from a depth of
