jueves, 18 de enero de 2018

Chile’s regulator orders Barrick to close local side of Pascua-Lama

Having trouble viewing this email?  View online
MINING.com - your source for global mining news
Latin America News Digest
Friday 19 January 2018
Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America

Agency also cut a 2013 fine for violations to $11.5 million (7 billion Chilean pesos) from the previous $16 million it had charged Barrick Gold, but later forced to review by an environmental court.

"Water demand will increase because it will be necessary to process more material to obtain the same amount of copper": Wood Mackenzie.

The miner and the current operating union re-established plant access through a road used during construction.

To date, the company has invested $45 million in Nicaragua, completed over 70,000 meters of drilling on its flagship La India asset, and produced two PEAs and a PFS.

Conservative Diego Castro called environmentalist groups "eco-terrorists."

During a meeting with investors and analysts in Sao Paulo, Vale's investor relations director, André Figueiredo, said it seemed "natural" for his company to become the sole owner of the project.

Rampant violence and corruption are the norm in the mines of the southern Guayana region.

Only in the fourth quarter of 2017, the company produced 51,699 ounces of gold, up 26% over the fourth quarter of the previous year.

Canadian miner cited uncertainty over whether it will ever have its mining license for the operation reinstated as main reason for the layoffs.

The Canadian precious metals miner produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of gold and 3,337,000 silver ounces.

An earthquake in Peru on Sunday has claimed two lives and caused an illegal mine to collapse. 

With the friendly takeover First Majestic gains Primero's flagship asset, the San Dimas silver-gold mine, located in the state of Durango.

This is the ninth consecutive year the Canadian miner achieves record annual gold production.

Decision doesn't mean the miner has abandoned plans to capitalize on the electric-car boom, sources familiar with the matter say.

Fruta del Norte is expected to produce 340koz of gold per year over 13 years.

The Falkenhain deposit, in the German state of Saxony, is located about 5 km from another Bacanora asset in Germany — the 50%-owned Zinnwald lithium project.

The miner's local subsidiary has entered into an agreement to acquire mining properties in southern Peru near its Constancia copper mine.

Brazilian mining giant is retaining control of the TIPLAM port terminal, which was originally included in the deal.

The Canadian miner wants to increase production to 135,000 ounces of gold per year.

The approval of the supreme decree 042-2017 in December might generate more unrest.

The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.

The bulk of new capacity would come online in 2019.

The deal frees the miner to apply for increase in production quota amid demand boom and surging prices for lithium, which is used in EV batteries.

BHP's iron ore output climbed to 72 million tonnes for the three months ended Dec. 31 versus 70 million tonnes a year ago.

Cochilco, Chile's state copper commission, raised its estimated 2018 avg price for the metal to $3.06 per pound from its previous forecast of $2.95.

The decline to 903,000 tonnes came despite the start of operations at a new wing.

1 Day Spot Gold Price
1 Day Spot Silver Price
Find MINING.com on Facebook
Follow MINING.com on Twitter
Subscribe to the RSS Feed
Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America
This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine.
You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Latin America News Digest". You mayunsubscribe at any time.
The information contained in “Latin America News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Latin America News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.

No hay comentarios:

Publicar un comentario

You have been invited to contribute to La Tota Tv

Hello, The purpose of this message is to inform you that La Tota TV has invited you to contribute to their blog "La Tota Tv"...