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Magnis Resources (ASX:MNS) is pleased to announce that it is part of a global consortium led by Boston Energy and Innovation (BEI) which has signed an exclusive MoU with Townsville City Council to investigate building a 15GWh Lithium-ion Battery Manufacturing Plant in Townsville.
Avrupa Minerals (TSXV:AVU) is pleased to announce that it has signed an earn-in option agreement with Australia-based OZ Exploration Pty. Ltd. (OZE), a wholly-owned subsidiary of OZ Minerals Limited (OZM), to explore on the Alvito iron oxide, copper-gold (IOCG) project located in southern Portugal. The agreement allows for OZE
Magnis Resources (ASX:MNS) is pleased to announce the approval to operate within a Special Export Zone (SEZ) in Tanzania which will allow the Company to apply the advanced technologies it has been developing to produce value enhanced graphite products.
Chile’s President Bachelet wants to diversify the economy of the country and make the jump towards development.
Indonesia has renewed Newmont Mining’s license to export copper from its operations in the country for another six months, Reuters reported.
As quoted in the publication:
Newmont, Indonesia’s second-biggest copper miner, will be allowed to export “around 400,000” tonnes of copper concentrate from its mine in eastern Indonesia, Coal and Minerals Director
We’ve put together a visual round-up of some of the key events from the third day of this year’s PDAC show.
Branson Hamilton is chief investment officer and managing director of Calyx Capital Advisors. Here he discusses the lithium market and a lithium play that’s been largely overlooked.
A look at the lithium outlook for 2016. Comments from Joe Lowry of Global Lithium, Chris Berry of House Mountain Partners and the Disruptive Discoveries Journal, Andrew Miller of Benchmark Mineral Intelligence and Jon Hykawy of Stormcrow Capital
Reuters reported that Tesla Motors (NASDAQ:TSLA) had met with officials in Chile to discuss a lithium partnership with Codelco, the country’s state owned copper miner and the world’s largest copper producer. Financial newspaper Pulso reported that the parties were in talks, but did not cite sources.
The Alternative Investment Market was on the rise this week, with Providence Resources and Metminco seeing the largest gains from the resource sector.
Reuters reported that Freeport McMoRan (NYSE:FCX) is planning to cut its copper and molybdenum output amidst falling metals prices and pressure from activist investor, Carl Icahn.
Reuters reported that Newmont Mining’s (NYSE:NEM) permit for exporting copper from Indonesia will not be renewed. The company has not met government conditions for developing a domestic smelter.
Chile’s Codelco has restarted its Chuquicamata mine after protesters briefly halted operations on Tuesday, Reuters reported. Contract workers affiliated with the Confederation of Copper Workers have been on strike since July 21 according to the news outlet.
Reuters reported that in 2015, major miner Codelco plans to cut its costs by $1 billion. Chief Executive Nelson Pizarro made the announcement Friday.
Roughly one month after acquiring Virginia Mines to become the fourth-largest company in the royalty space, Osisko Gold Royalties has secured another agreement — for a copper royalty. However, as part of its agreement with Highland Copper the gold-focused royalty and stream company also has the option to earn a
By Vivien Diniz
With news of a possible billion-dollar takeover bid for Eritrea-focused copper miner Nevsun Resources making headlines, investors are probably scratching their heads about QKR.
Mining Weekly reported that Chile’s molybdenum production is likely to hit 61,400 tonnes in 2015, up about 16 percent from this year.
The Chilean government has passed a law to aid state-owned copper miner, Codelco, according to Mining.com. The company will receive a special contribution of US$4 billion over the next four years.
European stocks traded low on Friday in anticipation of the US jobs report, but West African Minerals and Thor Mining still saw gains.
Reuters reported Friday that Freeport-McMoRan Inc. (NYSE:FCX) has signed a deal with the Indonesian government that could see the major miner restarting copper shipments after a six month halt.
