martes, 13 de febrero de 2018

World’s largest gold project just got even bigger

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Mining News Digest
Wednesday 14 February 2018
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Seabridge Gold has bulked up again its already massive KSM gold-copper-silver project in northern British Columbia in both size and grade.

President's move to allow open pit mining in provinces until now opposed to it is part of a broader plan to double foreign investment to $25 billion in eight years.

As part of Gemfields' philosophy of "total transparency", the company revealed is facing claims of human rights abuses in Mozambique, where it mines rubies.

Charge is due to due to cuts in the US Federal corporate income tax rate, the world's biggest mining company said.

Rio Tinto had already earned a 75% interest in the C-4-5-6 property, and it was expected to exercise its option to acquire full interest by 2019.

A worker died on Monday night while clearing a blocked ore pass at the company's Driefontein gold operation in South Africa.

Analyzing Yellen's crucial imprints on the Fed, the gold market could be affected in the future.

Mine development stalled under Mugabe, whose policies led to a collapse in the economy and hyperinflation.

Some lawmakers urged him to save steel and aluminum producers in their states, but others urged caution because higher prices would hurt manufacturers.

The chief coal analyst at Noble Resources said on Tuesday that imports to India will rise after falling in the last two years.

Some members of Mongolia's parliament sought to limit the number of new resident permits granted to foreigners to 100 per year to protect domestic jobs.

The attack occurred late on Monday in northern La Guajira province where the open-pit coal mine is located.

Andes Iron appealed an August 2017 decision that forbade its copper and iron ore project from going forward.

As of Dec. 31, the firm owned 1.2 million American depositary receipts in SQM, one of the world's largest lithium producers.

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