Lithium venture in Chile in talks with EV firms to invest in mine project

A joint venture valued at $1.5 billion to $2 billion that wants to become Chile’s third lithium producer is in talks with investors to bankroll its project.

Theft of $1 million in gold suspends Argentina mine project

Mining News Pro - Thieves heisted about $1 million of gold from a mining project in southern Argentina run by Vancouver-based Patagonia Gold Corp.

Barrick bets big on Pakistan with $7 billion copper mine project

Mining News Pro - Barrick Gold Corp.’s first crack at building a copper mine in Pakistan was thwarted when the government denied it permits. A decade later, the company is making another — much bolder — attempt.

Orca Gold’s mine project not impacted by political unrest in Sudan

Mining News Pro - Orca Gold offices and project site in Sudan have not been impacted by the civilian protests in the nation or actions of the military, President and CEO Rick Clark said in a media release on Tuesday.

Vale and Asian miner seek Brazil nod to fast-track mine projects

Mining News Pro - Mining giant Vale SA and an Asian-owned metals producer are among the first to tap a Brazilian program that aims to cut red tape and speed up mining projects in the South American nation.

Zambia royalty spat halts $2 billion of copper mine projects

Mining News Pro - Copper miners in Zambia have halted $2 billion of planned investments because a royalty tax introduced last year makes the projects unviable, according to an industry lobby group.

Anglo American says Chile Los Bronces mine project will not harm glaciers, biodiversity

Mining News Pro - Anglo American said on Friday it had submitted an environmental impact study for a $3 billion project seeking to maintain output from its flagship Los Bronces copper mine in Chile.

Saudi king to open mine project, crown prince to attend G20

Mining News Pro - Saudi Arabia’s King Salman will inaugurate the Waad Al-Shamaal mining project on Thursday, Alarabiya TV said on Twitter, quoting energy minister Khalid al-Falih.

Realistic mine project cost estimates and evaluations

Mining News Pro - No mine stays constant over time. Grades can change or stripping ratios can increase as the pit gets deeper. Projects have ramp-up periods where production rates increase or decrease as the mine nears the end of its life.

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