Mining News
Capital costs for Lucara Diamond's underground expansion estimated at $105 million
(Kitco News) - Expansion work will focus predominantly on shaft sinking activities, along with construction of the bulk air cooler, tendering the underground development contract and underground equipment purchases.
Mali suspends issuance of mining permits until further notice
"The allocation of mining titles is suspended throughout the territory as of Monday, November 28, 2022. From this date, no application for a mining title will be received or processed by the competent services," said the mines ministry.
MMG mine in Peru resumes copper output; transportation still halted
But a separate protest blocking the road that Las Bambas uses to transport its copper onto a seaport for shipment to clients remained blocked along the Chumbivilcas province.
Silver X says it achieved quarterly net gain for the first time as production ramps up
(Kitco News) - Silver X Mining (TSXV: AGX) today reported record Q3 2022 operating revenues of $5.5 million, representing a 73% increase from previous quarter.
Rupert Resources reports 'robust' PEA results for its gold project in Finland with NPV of $1.6B
(Kitco News) - Rupert Resources (TSX-V: RUP) today announced results from its preliminary economic assessment (PEA) for the company's 100% owned Rupert Lapland project, including its flagship Ikkari gold discovery and Pahtavaara mine and mill located in ...
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