miércoles, 11 de abril de 2018

Gold price surges on Middle East, Russia tensions

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Mining News Digest
Thursday 12 April 2018
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Trump warned Russia that missiles "will be coming" in Syria and Saudi Arabia said it intercepted a missile over the capital Riyadh.

The origin of the 21 pieces that comprise the Carambolo Treasure has been a source of debate for over five decades.

Los Mineros Union, led by expat in Vancouver Napoleón Gómez Urrutia, had been fighting since November 2017, to be the legally constituted union at the ELG Mine Complex.

Rapaport expects polished trading to continue slowing in the coming months.

Production ramp up at high-grade Brucejack mine in BC back on track.

Miners were forced to curb spending by a collapse in commodities prices in 2015-16, but a partial price recovery since then has eased the pressure.

Glencore Chief Executive Ivan Glasenberg resigned from his role as Rusal director on Tuesday

Vedanta could accelerate expansion of its African zinc operations to take advantage of strong prices.

Salares Norte production to begin around 2021 and quickly achieve target output of 345,000 ounces of gold a year.

Proxy adviser Glass Lewis criticised the firm for paying out bonuses in 2017, a year when two employees died at work.

The Responsible Mining Index, launched in Geneva on Wednesday, assesses the policies and practices of 30 large companies that produce 25 percent of mined commodities, from gold to copper and coal, operating in more than 40 countries.

The subject of the country's reserves became particularly heated during the years of the sovereign debt crisis.

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