Atico shares surge on long-term extension for La Plata mining concession in Ecuador

Mining News Pro - Shares of Atico Mining (TSXV: ATY) surged by double-digit percentage points on Thursday after the company obtained a 25-year extension for the mining concession at its La Plata project in Ecuador.

Lynas shares jump as Malaysia allows key plant extension

Mining News Pro - Shares of Lynas Rare Earths hit their highest in over a month on Wednesday, extending gains, after Malaysia allowed the miner to operate its flagship refinery locally with a variation to the operating licence.

US-China tensions boost prospects for Mexico copper smelter plan

Mining News Pro - US-China tensions are boosting the prospects of a Mexican copper smelter project proposed by Southern Copper Corp.

Wyloo announces final extension of Mincor offer

Mining News Pro - Wyloo Metals has increased its shareholding in Mincor Resources to 72.77 per cent and announced a notice of final extension.

Malaysia gives Lynas extension to keep rare earths unit open

Mining News Pro - Malaysian authorities granted a six-month extension to Australia miner Lynas Rare Earths Ltd. to get its rare earth plant in line with environmental requirements.

Antamina mine life extension cost hiked to $2bn

Mining News Pro - Peru’s largest copper mine, Antamina, will spend $2 billion to extend the useful life of the deposit through 2036, up sharply from $1.6 billion previously planned, the company’s chief executive officer told Reuters on Wednesday.

Gold price hits one-month high on rising US-China tensions

Mining News Pro - Gold prices continued to rise on Thursday as geopolitical tensions between the US and China intensified, boosting global demand for the safe haven metal.

Copper price falls as Taiwan tensions spark risk-off selling

Mining News Pro - Copper prices fell on Tuesday, as traders and investors sold risky assets amid escalating China-US tensions.

Antamina hopes for mine extension approval by early 2023,

Mining News Pro - Antamina, Peru’s largest copper mine, hopes to get the go-ahead from the country’s environmental authority early next year to extend the useful life of its deposit to 2036, the company’s chief executive officer told Reuters.

Antamina hopes for mine extension approval by early 2023

Mining News Pro - Antamina, Peru’s largest copper mine, hopes to get the go-ahead from the country’s environmental authority early next year to extend the useful life of its deposit to 2036, the company’s chief executive officer said.

MMG exploring annuity payouts as Las Bambas tensions continue

Mining News Pro - Chinese miner MMG Ltd is exploring giving annuity-type payments to communities, as opposed to one-time payouts, as part of a strategy revamp following longstanding protests at its massive Las Bambas mine in Peru, executives said on Tuesday.

Centamin shares jump on potential Sukari gold mine extensions

Mining News Pro - Centamin said on Thursday that exploration around its flagship Sukari gold mine in Egypt has allowed it to identify the potential for a satellite open pit within the concession as well as extensions of the underground orebody.

In Bolivia’s Amazon, wildcat gold mining boom stokes tension over environment

Mining News Pro - In Bolivia’s Amazon tensions are rising over a boom in wildcat gold mining that is driving a surge in imports of mercury used to extract the precious metal and is sparking conflict between small-scale prospectors and local indigenous groups.

Canada climate goals set high hurdle for Suncor oil sands mine extension

Mining News Pro - Canada is favouring oil projects with lower carbon emissions per barrel to help meet its climate targets, a strategy that may block Suncor Energy’s plan to expand bitumen mining to feed its key oil sands operations.

LME nickel price limps back but tensions are not going away

Mining News Pro - London Metal Exchange (LME) three-month nickel is currently trading at $35,150 per tonne.

Gold price moves past $1,900 as tensions mount in Ukraine

Mining News Pro - Gold prices rose above the key $1,900 an ounce level on Wednesday as tensions continue to mount in Ukraine following reports that several government and bank websites were hit by cyberattacks.

Nickel price hits decade high as Ukraine tensions fuel supply concerns

Mining News Pro - Nickel rose to $25,000 a ton for the first time since 2011, extending a rally driven by dwindling global inventories and concerns that Ukraine tensions could disrupt supplies from key producer Russia.

Oil surges as Ukraine tensions mount and market giants bullish

Mining News Pro - Oil jumped as tensions mounted between Russia and the West over Ukraine, adding to bullish sentiment as leading market participants said they expect global demand to continue its powerful recovery from the pandemic.

Gold price closing in on $1,900 as tensions escalate in Ukraine

Mining News Pro - Gold prices jumped to an eight-month high on Thursday, closing in on the key $1,900 /oz mark, after reports of mortar fire in eastern Ukraine drove investors toward safe haven assets.

Gold price nears 3-month peak as Ukraine tension lifts haven demand

Mining News Pro - Gold extended last week’s gains to approach a three-month high on Monday, as rising concerns around the Russia-Ukraine conflict supported bullion’s safe-haven appeal.

Whitehaven Narrabri mine extension nears

Mining News Pro - Whitehaven Coal’s Narrabri underground mine in North-West New South Wales is one step closer to extending the life of the mine from 2031 to 2044, following the NSW Department of Planning, Industry and Environment (DPIE) recommendation.

Chile tensions over lithium contracts show scope of clean energy task

Mining News Pro - Mounting opposition to new lithium contracts in Chile is the latest indication of just how difficult it will be for the world to churn out the building blocks of the clean-energy transition.

Hochschild shares tank after Peru nixes key mine extensions

Mining News Pro - London-based Hochschild Mining says it will fight what it claims are “illegal” efforts by Peru to close and block extensions of its Pallancata and Inmaculada silver mines on environmental grounds.

Gruyere to dive deeper with mine-life extension

Mining News Pro - The Gruyere gold mine in Western Australia is set to become one of the deepest open cut gold mines in Australia as Gold Fields and Gold Road Resources plot an extension of the joint venture mine’s life.

Whitehaven Vickery extension gets Federal nod

Mining News Pro - Whitehaven Coal’s Vickery extension project has been approved by the Federal Government after an exhaustive process of technical evaluation and stakeholder consultation that spanned five years.

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