Mining

Cost of expansion at Rio Tinto’s Oyu Tolgoi rises again

The company blamed the rise on skilled labour supply constraints caused by covid-19 and noted the new estimate, under review by Oyu Tolgoi’s board,...

US environmentalists take aim at British Columbia mines

They are zeroing in on two mines in particular – one already in operation, Copper Mountain in southern B.C., and one proposed, the KSM...

Rio Tinto invests $188m to upgrade aluminum smelter in Quebec

Construction will begin in May 2023, after completing detailed engineering and preliminary work, and commissioning is expected in the first quarter of 2025. Sébastien Ross,...

Barrick Gold sees lower prices for copper in Q2

Barrick said average market price for copper in the quarter ended June 30 was $4.32 per pound, lower than $4.53 in the first quarter,...

Wallbridge spins out nickel assets to focus on gold

Under the deal, Wallbridge will receive about 198.6 million common shares of Archer and will own 19.9% of the company. Archer will grant Wallbridge...

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