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El Salvador’s Congress Approves Ban on All Metals Mining
April 5, 2017
El Salvador’s congress has approved a total ban on the mining of metals in the country, one of the first to enact such a broad ban. Environmentalists have noted that some other countries have enacted bans on strip mining, open-pit
Harmony Gold Gives Ultimatum to Striking Workers at Its Kusasalethu Mine, South Africa
April 5, 2017
Gold mining group Harmony has given striking workers at its Kusasalethu mine near Carletonville, Gauteng, until Tuesday night to return to work failing which they could face disciplinary action. The group said on Monday the striking workers had ignored a
National Union of Mineworkers Threatens Strike at Eskom Over Coal Plant Shutdowns, Africa
April 5, 2017
The National Union of Mineworkers (NUM) on Wednesday threatened to go on strike at state-run utility Eskom over its plans to mothball five coal-powered stations, a move the union says would lead to thousands of job losses. NUM General Secretary
Quinto to Acquire Camarinhas Gold Project, Brazil
April 4, 2017
Quinto Real Capital Corporation has signed an arm’s length option agreement with Americas Gold Corporation, SA, Elicio Gomes Lopes and Brasincor Empreendimentos E Participacoes SA, to acquire a 100 percent interest in the Camarinhas gold project in Brazil, which consists
Shandong Gold Group Finds Largest Gold Deposit in China’s History, Worth $22 Billion
March 31, 2017
The largest gold deposit in the country’s history was discovered in the Chinese province of Shandong, the large-scale state-owned gold mining enterprise Shandong Gold Group announced during a press conference in Beijing on March 28. Experts estimate that the volume
Australian Gov’t Company Looks to Invest in Adani’s Carmichael Coal Mine Project
March 31, 2017
An Australian government-owned fund manager company has expressed interest to invest in “infrastructure pieces” of Indian energy giant Adani’s $ 21 billion coal mine project in Queensland. Chief Executive of QIC Damien Frawley said the company, whose major clients include
Cyclone Debbie Threatens Coal Exports from Queensland Mines, Australia
March 31, 2017
When Cyclone Yasi devastated parts of North Queensland in 2011, the rains it brought with it took out about 20 million tonnes of coking coal production. At current prices, around $US150 per tonne, a similar disruption could cost up
Goldcorp Acquires Kinross Gold’s interest in Cerro Casale Project for $260 Million, Chile
March 30, 2017
Kinross Gold Corporation has agreed to sell its 25 percent interest in the Cerro Casale project in Chile, and its 100 percent interest in the Quebrada Seca exploration project located adjacent to Cerro Casale, to Goldcorp Inc. The sale was
Ghana Chamber of Mines Committed to Environmental Standards
March 29, 2017
The Ghana Chamber of Mines has reiterated its commitment to good environmental management and to ensuring that the industry’s operations do not adversely impact the environment and the livelihoods of residents in host communities. ‘The Chamber would like to assure
BHP and Glencore to Halt Operations at Some Mines Due to Hurricane Debbie, Australia
March 29, 2017
BHP Billiton Ltd. and Glencore Plc are halting some production in the world’s largest exporter of coal used in steel-making, as the biggest cyclone since 2011 to hit Australia’s Queensland nears the state. South Walker Creek metallurgical coal mine operations
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