viernes, 21 de julio de 2017

Toronto firm closing South African platinum mine

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Mining News Digest
Saturday 22 July 2017
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The Bokoni mine, a joint venture between Atlatsa and Anglo Platinum, produces around 150,000 ounces of platinum group metals per year.

US dollar falls to more than 2-year low as Trump's pro-growth agenda stalls in Washington.

Work at the asset, located immediately next to Cameco's Fox Lake uranium discovery, will be carried out by a helicopter-supported team based at Cameco's nearby majority-owned McArthur River.

Gakara mine, which operated for 30 years until 1978, is expected to restart commercial production in the fourth quarter of the year.

Mining giant BHP (ASX, NYSE:BHP) can go ahead with a $2.5 billion expansion of its Spence copper mine, in Chile's Atacama desert, after the country's environmental regulator (SEA) unanimously approved the project this week. A […]

Early reports claimed that Tanzania had asked foreign workers of the gold miner to leave the country, but a spokesperson for the company denied that story.

If Canada's Minister of Indigenous and Northern Affairs, Carolyn Bennett, accepts the review board's decision, a project certificate could be issued before year-end.

Philippine President Rodrigo Duterte said on Friday the country's mining industry pays too little in tax and not enough in compensation for any environmental damage.

In resuming coverage of Eldorado Gold following the acquisition of Integra Gold and its Lamaque property, BMO Capital Markets analyst Andrew Kaip looked at the impact of the move, as well as at other factors pressuring Eldorado stock.

Palladium is another element with great importance to the modern economy, but it's often overshadowed by the other more famous and expensive precious metals.

Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials.

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