jueves, 6 de julio de 2017

Tahoe Resources forced to halt Escobal mine in Guatemala

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Mining News Digest
Friday 7 July 2017
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The Canadian miner said it will take "all legal steps possible" after the country's Supreme Court suspended the mining licence for its flagship Escobal silver mine.

While major global companies are part of Ghana's mining sector, illegal gold extraction is a chronic issue in the country and deadly accidents are frequent.

The 126-carat is the latest in a string of major discoveries Gem Diamonds have made at Letšeng this year.

Combined worth of 50 largest mining companies grow to $768 billion during first half of 2017, but a few big names drop down rankings.

But owners of Wolverine mine say rail line not operational yet.

Frank Holmes, CEO of U.S. Global Investors, discusses the algorithms his firm has developed for its new precious metals ETF and what types of companies look attractive right now.

Democratic Republic of Congo's government has formally requested financial support from international donors as it confronts a worsening economic crisis, a letter seen by Reuters on Thursday showed.

The rally in oil prices over the past two weeks came to a halt on Wednesday on news that OPEC is actually exporting more oil than previously thought.

Novo Resources Corp. is pleased to announce that the Company has entered into a memorandum of understanding (the "MOU") with Sumitomo Corporation, Japan ("Sumitomo") to further develop the Company's Beatons Creek project in the Nullagine region of Western Australia. The MOU is non-binding except as to certain provisions.

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