lunes, 19 de noviembre de 2018

Yamana will continue to invest in Argentina: exec

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Mining News Digest
Monday 19 November 2018
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Earlier this year, Yamana announced a hike in its exploration budget to $11.2 million from the previous $9 million.

Since the mid-1990s, the company has run a waterfowl observation and hazing program at its 182-hectare Berkeley Pit but in late 2016, several thousand snow geese died at the toxic pit.

The Hassan Rouhani government is kickstarting a program for the revitalization, activation, and development of the country's artisanal mines.

"This constitutes a first step towards the production of novel electrodes for highly efficient solar cells and lights."

Palladium prices are shattering record highs.

Canada's largest diversified miner is also studying a Phase 3 for Quebrada Blanca, which would double the mine's capacity to 600,000 tonnes of copper a year from the 300,000 it's expected to achieve once Phase 2 is completed.

It is expected that companies may choose to use the updated guidance starting January 1, 2019.

Raiding a little more than half of the $95 billion foreign-currency and gold revaluation account would force the RBI to sell an identical proportion of the related assets, or $190 billion. That would trigger a "cataclysmic deflationary shock" for the economy.

The giant also said it wants "more exposure" in Canada.

The mine is expected to produce an average of 62,000 ounces of gold a year over a seven-year mine life .

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