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UBS Group Says It Will No Longer Finance Arctic Oil, Coal, or Tar Sands Projects
March 16, 2020
UBS Group AG said Thursday that it would no longer finance new offshore-oil projects in the Arctic, thermal coal mines or oil sands on undeveloped land as banks tighten their restrictions on fossil fuels amid pressure from environmentalists and investors.
South Africa Takes Steps to Improve Safety and Prospects for Women in Mining
March 16, 2020
Women make up just 12 percent of South Africa’s mining workforce, but efforts are being made to advance their prospects in this key industry. Better representation at the upper echelons of corporate decision-making, as well as a reduction of the
Giyani Receives Environmental Management Plan Approval for Lobatse Manganese Prospect, Botswana
March 13, 2020
Giyani Metals Corp. said that The Department of Environmental Affairs (DEA) in Botswana has approved the Environmental Management Plan (EMP) for its Lobatse manganese prospect and requested the Company to proceed to the next step of public review. Giyani submitted
West African Resources Starts Processing Ore at Sanbrado Gold Project Burkina Faso
March 12, 2020
Australia-based unhedged gold producer West African Resources has completed all construction activities and has started processing ore at its Sanbrado gold project in Burkina Faso. The gold mining company said that it has introduced the ore to milling circuit at
Vale Halts Production at Fazendao Iron Ore Mine After Depletion of Resources, Brazil
March 12, 2020
Brazilian miner Vale has decided to stop production at its Fazendao iron ore mine in the state of Minas Gerais, after depletion of resources in the licensed area as it seeks to continue mining at the site. Operations at Fazendao
Vale Continues to Monitor Movements at Northern Slope of Gongo Soco Mine Pit, Brazil
March 11, 2020
Vale said that its teams continue to monitor and report to authorities the movements in the primary and secondary portions of the northern slope of the Gongo Soco mine pit, in Barão de Cocais (MG), paralyzed since 2016. The northern
Turquoise Hill Submits Feasibility Study for Tavan Tolgoi Coal Power Plant Project, Mongolia
March 11, 2020
Turquoise Hill Resources has submitted the feasibility study for the Tavan Tolgoi Power Plant (TTPP) Project to the Government of Mongolia by Oyu Tolgoi. Oyu Tolgoi is obliged under the 2009 Oyu Tolgoi Investment Agreement to secure a long-term domestic
Steppe Gold’s ATO Mine Fully Permitted and Commencing Gold Production, Mongolia
March 11, 2020
Steppe Gold said that the ATO Gold Mine is fully permitted and gold production is commencing. The company has now mined, crushed, and stacked approximately 300,000t of ore at a grade of 2.13g/t gold on the leach pad. The company’s
Newmont Invests in Autonomous Haulage System at Boddington Mine to Extend Life of Mine, Australia
March 11, 2020
Newmont’s board of directors unanimously approved investment in an Autonomous Haulage System (AHS) at Boddington Mine in Australia to enhance safety and productivity, while also extending mine life. Once fully operational in 2021, Boddington will be the world’s first open
China’s Removal of Port Construction Fees, Port Charges Could Spur Seaborne Coal Activity
March 10, 2020
China’s removal of port construction fees for all import and export goods and a 20 percent reduction in all other government port charges over March 1 to June 30 could spur a modest uptick in seaborne coal trading activity and
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