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08.08.2018

Freeport: “Significantly lower” copper production from Grasberg

The Grasberg mine in Indonesia may be enjoying its last year as the world’s second-largest copper mine, with majority owner Freeport-McMoRan saying production will be “significantly lower” over the next two years as it transitions to underground mining.

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30.07.2018

Newmont acquires 50 % stake in Galore Creek Project in British Columbia

Newmont Mining Corporation (Newmont and the Company) today announced agreements to acquire a 50 % interest in the Galore Creek Partnership (GCP) from NOVAGOLD Resources Inc. (NOVAGOLD), and to form a partnership with Teck Resources Limited (Teck), who owns the remaining stake.

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30.07.2018

Cameco indefinitely closes largest high-grade uranium mine

Despite slight gains in the uranium price during Q2, Canadian uranium producer Cameco plans to extend the production shutdown at McArthur and Key Lake indefinitely.

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