25 June 2024
25 June 2024
Satellites are already used in mineral exploration, but advances in technology are creating new opportunities for more sophisticated remote prospecting. Researchers in Utah are combining satellites, hyperspectral imaging and AI to discover mineral deposits.
Despite the setback, Eramet remains committed to evaluating other potential investments in Indonesia's nickel sector.
The acquisition, due to be finalised in the September 2024 quarter, is subject to court approval and a plan of arrangement.
The acquisitions will be primarily settled through the issuance of DMC shares to the vendors.
The property, which is around 4km south-east of the Sustut Copper Deposit, spans a contiguous claim block of around 1,160 hectares (ha).
The move is set to bolster the company's copper production capacity and enhance its processing flexibility.
With this latest deal, Agnico Eagle has increased its ownership in Maple Gold Mines to nearly 19.9%.
The company has secured a 100% interest in the Matapedia, Lac Comporte and Pilgrim Island Quartzite Silica projects.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.
