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Base Metals
 
ENVIRONMENT

Arizona judge recommends Curis’ Florence aquiver permit be rescinded

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Despite explicitly stating facts to the contrary, Arizona administrative law judge (ALJ) Diane Milhasky on Wednesday recommended the Arizona Department of Water Quality (ADEQ) rescind a temporary individual aquifer protection permit (APP) granted...
1st October 2014
 
 
COPPER

Mopani warns of possible investment cuts, job losses as VAT refunds withheld

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The CEO of Zambia-focused Mopani Copper Mines has warned that the withholding of value-added tax (VAT) refunds due to copper mining companies, by the Zambian government, may negatively impact the company’s plans to invest in new projects in the...
1st October 2014
 
 
HIGH COURT

Axiom's legal woes continue

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ASX-listed Axiom is facing another legal battle in its efforts to start mining at a nickel discovery in the Solomon Islands. A week after winning a three-year court battle against Japanese giant Sumitomo Metal Mining allowing Axiom to start the...
1st October 2014
 
 
MONGOLIA MINING

SouthGobi completes paved highway construction to Chinese border

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Oyu Tolgoi, Mongolia The Mongolia-focused coal miner SouthGobi Resources on Sunday reported that it had completed construction of a paved highway from its Ovoot Tolgoi complex to the Chinese border. The company's flagship Ovoot Tolgoi mine produces and sells coal to...
30th September 2014
 
 
BASE METALS

First Quantum stocks drop on news of strike impact

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The TSX-listed stock of base metals miner First Quantum Minerals on Tuesday fell by as much as C$0.51 a share after the company revealed that a strike at its Guelb Moghrein copper/gold mine, in Mauritania, had negatively impacted on the...
30th September 2014
 
 
ENVIRONMENT

Extra comment period for KGHM’s changed Ajax mine expected in Nov

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Kamloops community members will have another chance to give input into the proposed Ajax copper/gold mine, in British Columbia, after proponent KGHM International in May substantially changed the mine layout in response to community complaints....
30th September 2014
 
 
LEAD/ZINC/SILVER

Namib project development still priority for North River

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Aim-listed North River Resources will continue to prioritise the development of its 1.25-million tons Namib lead/zinc/silver project, in Namibia, North River MD Martin French said on Tuesday. French pointed out that the asset had the potential to...
30th September 2014
 
 
COPPER

Newmont Indonesia restarts copper exports; supply overhang looms

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Newmont Mining Corp sent out its first copper concentrate shipment from Indonesia this week that ended a nine-month hiatus, highlighting a ramp up in copper mine supply that is expected to tip the market into surplus this year. US-based miners...
30th September 2014
 
 
 
 
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