by Gordon Barratt | Dec 4, 2024 | News
Diversified mining company Rio Tinto announced on Wednesday that it would sell a 30% stake in its Winu copper/gold project to Japan’s Sumitomo Metal Mining (SMM) for $399-million. Under the terms of the deal, SMM would pay $195-million upfront and $204-million in...
by Gordon Barratt | Dec 4, 2024 | News
Vancouver-based First Mining on Tuesday announced a milestone for the Springpole gold project, receiving a positive conformity determination from the Impact Assessment Agency of Canada (IAAC). This follows the submission of the final environmental impact statement...
by Gordon Barratt | Dec 4, 2024 | News
Chile plans to invest about $83.18-billion from this year through 2033, state-run agency Cochilco said in a study cited in a newspaper report on Tuesday, an increase of 27% from last year’s estimate. Set to be presented on Wednesday, the Cochilco report will...
by Gordon Barratt | Dec 4, 2024 | News
Rio Tinto and Sumitomo Metal Mining (SMM) will partner to develop the Winu copper-gold project in the Great Sandy Desert, Western Australia. The agreement will see Rio develop and operate Winu as managing partner, with SMM paying the major $399 million for a 30...
by Gordon Barratt | Dec 4, 2024 | News
Metso has introduced its new integrated copper electrowinning (CuEW) plant, designed to ensure safety and operational sustainability for producing high-purity copper cathodes. The pre-engineered layout is designed to be flexible and scalable across a range of...
