martes, 29 de agosto de 2017

Freeport to yield control of giant Grasberg copper mine to Indonesia

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Mining News Digest
Wednesday 30 August 2017
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The company has greed to reduce its stake in the Grasberg mine to 49% in exchange for licenses to operate the massive copper and gold pit until 2041.

Chairman of Chile's state-owned copper miner Codelco: "I'm a little skeptical…in the short-term."

Contractor employee was struck by a branch from a falling tree, resulting in fatal injuries.

US Interior Secretary Ryan Zinke wants to speed up a two-year review of mining on more than 30,000 acres just north of the park.

Rio Tinto today unveiled the largest Fancy Red diamond in the history of its Argyle Pink Diamonds Tender during its Australian preview.

Toronto-based miner gains control over a 2% net smelter return royalty on the Curraghinalt gold project, in Northern Ireland.

Brazil's government will revise a decree that opened up a vast mineral reserve in the Amazon rainforest to mining responding to overwhelming criticism.

China Minmetals Corp has flagged off its maiden deep-sea venture seeking minerals in the east Pacific Ocean, a company spokesman confirmed.

It has no executive director, president or staff. It has no address or letterhead. No one has a CRIN business card. You won't find it with a Google search.

Analyst Andrew Kaip with BMO Capital Markets upgraded his rating and target price on this Canadian gold company after modeling the impact of an upcoming estimated resource on its overall production.

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