Katanga will ramp up DRC project faster than planned

TSX-listed Katanga Mining will accelerate the ramp up of its project in the Democratic Republic of Congo (DRC), the firm announced on Tuesday. The ramp up, to 150 000 t/y of copper and 8 000 t/y of cobalt, will now be completed by mid-2011,...

Chromex shares surge on SA licence approval

Aim-listed Chromex Mining gained 14,3% on Wednesday, after the firm announced it had been awarded a new-order mining right for its Mecklenburg chromite deposit, in South Africa's Limpopo province. The project contains a 9,6-million ton...

Endeavour Silver expects costs to fall as upgrades, expansions pay off

Precious-metals miner Endeavour Silver, whose record output and revenues in 2007 were overshadowed by high operating costs, will focus on improving operational efficiencies this year, while continuing to search for new resources at its Mexican...