Top China lithium firms look past profit slump and vow expansion
Undeterred by slumping profits, China’s lithium giants are planning to grab a bigger slice of the market.
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Visit: 31
African Rainbow pauses Bokoni mine expansion plan after H1 profit fall
African Rainbow Minerals (ARM) said on Friday it was deferring plans to expand output at its Bokoni mine due to low platinum group metal (PGM) prices after reporting a 43% drop in its half-year profit.
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Visit: 64
Peru approves $2 billion Antamina copper mine expansion
Peru’s environmental watchdog has granted Antamina, the country’s largest copper-zinc mine, a long-awaited permit that allows it to kick off a $2 billion expansion to extend the operation’s productive life from 2028 to 2036.
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Visit: 80
LME targets Hong Kong as option for warehouse expansion
The London Metal Exchange (LME) is studying Hong Kong as a location to expand its global metal warehouse network, five sources with knowledge of the matter said, hopeful success there might open the door to mainland China, its ultimate target.
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Visit: 160
De Beers to spend $1 billion on Botswana mine expansion
Mining News Pro - De Beers, the world’s largest diamond producer by value, said on Wednesday it’s going ahead with a planned $1 billion investment to extend the life of its flagship Jwaneng mine in Botswana by moving operations underground.
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Visit: 73
Antofagasta goes ahead with $4.4 billion Centinela expansion
Mining News Pro - Chilean miner Antofagasta (LON: ANTO) is going ahead with the planned $4.4 billion construction of a second concentrator at its Centinela copper mine in the country’s north, which will add 170,000 tonnes copper-equivalent a year to the company’s overall production.
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Visit: 110
Mitsubishi, Freeport completes copper smelter expansion in Indonesia
Mining News Pro - Indonesian copper smelter operator PT Smelting, a joint venture between Mitsubishi Minerals Corp and PT Freeport Indonesia, inaugurated on Thursday an expansion in capacity of its smelter facility in East Java.
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Visit: 74
Lake Lindsay mine expansion approved
Mining News Pro - Anglo American’s Lake Lindsay open cut coal mine has been granted a mining lease by the Queensland Government.
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Visit: 85
Teck to re-do environmental permit for Quebrada Blanca expansion in Chile
Mining News Pro - Canadian miner Teck Resources has scrapped a previously submitted environmental permit application to expand a mill at its Quebrada Blanca copper mine in Chile in order to draft a new version, it said on Tuesday.
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Visit: 113
Freeport-McMoRan to slow expansions amid inflation, weak copper prices
Mining News Pro - Copper miner Freeport-McMoRan posted a better-than-expected third-quarter profit on Thursday, but said it would slow expansion plans due to inflation and slumping prices for the red metal used across the global economy.
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Visit: 109
Brazil mineral rights dispute casts shadow on Sigma Lithium expansion
Mining News Pro - A Brazilian court injunction is halting the sale or mining of two plots of land where takeover target Sigma Lithium is planning open pits, according to court documents seen by Reuters.
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Visit: 108
De Beers $2.3bn Venetia mine expansion yields first diamonds
Mining News Pro - De Beers, the world’s largest diamond producer by value, announced on Tuesday it has recovered the first diamonds from its new $2.3 billion underground operations at Venetia mine in South Africa.
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Visit: 140
Chinese-owned mine hit by more delays in key Peru copper expansion project
Mining News Pro - A unit of state-owned China Minmetals Corp. is bracing for further delays in building a second pit at its troubled Las Bambas copper mine in Peru, while the military there continues to buffer the operation from protest disruptions.
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Visit: 96
Chinese-owned mine hit by more delays in key Peru copper expansion project
Mining News Pro - A unit of state-owned China Minmetals Corp. is bracing for further delays in building a second pit at its troubled Las Bambas copper mine in Peru, while the military there continues to buffer the operation from protest disruptions.
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Visit: 109
Impala Platinum’s Zimbabwe unit eyes expansion into lithium
Mining News Pro - Impala Platinum Holding Ltd.’s Zimbabwe unit is considering expanding into other metals, including lithium.
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Visit: 176
Li-Cycle mark European expansion with landmark venture
Mining News Pro - Glencore and Li-Cycle Holdings group, two of the world’s leading recyclers, have partnered up to deliver a landmark European project.
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Visit: 190
Rio Tinto to spend $40m on Diavik diamond mine expansion
Mining News Pro - Rio Tinto is going ahead with a $40 million expansion of its iconic Diavik diamond mine in the Northwest Territories of Canada, which will extend the operation’s life to at least early 2026.
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Visit: 171
Expansion and independence: Australia’s latest rare earth mines
Mining News Pro - Could a new wave of rare earth mines and project expansions build an independent rare earths industry for Australia?
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Visit: 282
Sigma Lithium secures $100 million for Brazil mine expansion
Mining News Pro - The Canadian miner said the debt-financing deal extends until August 2023, which gives it enough time to ramp up production at Grota do Cirilo, one of the largest hard rock lithium deposits in the Americas.
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Visit: 302
Canada rejects Arctic mine expansion project after years of fierce protest
Mining News Pro - Community members and campaigners have hailed the move as a win for vulnerable marine ecosystem and wildlife
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Visit: 318
Minister denies Baffinland Iron Mines expansion in Nunavut
Mining News Pro - After four years of consultations and deliberations, the Nunavut Impact Review Board (NIRB) rejected the miner’s request to more than double output to 12 million tonnes a year, to eventually reach 30 million tonnes annually.
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Visit: 473
Centamin to up Sukari mining rate by 31% with underground expansion
Based on a report by Australian consultants Entech, Sukari’s capacity has the potential to reach 1.5 million tonnes per annum (Mtpa) of total ore mined. This represents a 31% increase from the current life of mine average of 1.1Mtpa.
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Visit: 325
Newcrest approves $140 million expansion of Telfer gold-copper operation
Mining News Pro - The company said the West Dome Stage 8 cutback should start producing ore in the current quarter — its second quarter of fiscal year 2023 — and extend Telfer’a operations into early fiscal year 2025.
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Visit: 296
Vale opens first phase of $684 million copper complex expansion in Canada
Mining News Pro - Vale, the world’s largest iron ore and nickel producer, has opened the first phase of a C$945 million ($684m) expansion at its Copper Cliff Complex South Mine in Ontario, Canada.
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Visit: 531
Sandfire moves forward with Botswana copper mine expansion
Mining News Pro - Sandfire Resources said on Tuesday it will spend additional $71.9 million to expand production at its under-construction Motheo copper mine in Botswana, as the Australian firm plans to set up a major mining hub in the Kalahari Copper Belt.
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Visit: 768