22 November 2024
22 November 2024
The government's budget proposal recommends increasing two separate royalties from 7.5% to 8.5% and from 0.5% to 1.0%.
The mine contains 11.8 million tonnes of measured and indicated zinc mineral resources.
The divestment of stakes may ease First Quantum’s financial strain after the closure of its Panamanian copper mine due to protests.
The move comes amid "deep crisis" in the global diamond industry and the Western sanctions’ impact on Russian diamond sales.
Gecko Robotics CEO and co-founder Jake Loosararian speaks to Mining Technology about the benefits of deploying robots and AI for predictive maintenance at mine sites, following a deal with Freeport.
The concession holds around 170 hectares (ha) of high-grade heavy mineral sands deposits, ready for immediate mining.
Earth AI's approach has unveiled mineralisation over a 2km² area, potentially making it the world's largest PGE prospect.
This development propels the company towards commencing construction and operation of the underground gold mine.
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