This post was originally published on this site.Millennial Potash (TSX-V: MLP) plans to begin building its US-backed Banio potash project in Gabon by late 2027 or early 2028, potentially at a larger scale than initially planned as interest from prospective buyers and financiers grows. The Canadian developer is targeting financial close by August or September 2027 for the project on Gabon’s southern coast, chairman and CEO Farhad Abasov told Reuters on Tuesday. Initial capital costs are estimated at $480 million, with annual production originally pegged at 800,000 tonnes. “We may look at actually starting with a larger scale primarily because...

This post was originally published on this site.Workers at Codelco’s Ministro Hales copper mine in northern Chile blocked access to the operation for about six hours on Monday in a dispute over unpaid bonuses following a serious workplace accident. Union leaders and employees erected barricades and occupied the main entrances to the state-owned miner’s Ministro Hales Division in Calama, bringing production and vehicle movements to a standstill. “Safety is at a standstill, and the workers are not receiving their bonuses as they should,” Alberto Muñoz, legislative director of the Federation of Copper Workers, told Cooperativa radio. The disruption adds to...