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Mining News Digest
Thursday 25 April 2019
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The initiative could see it ban or delist brands that can’t prove they are responsibly sourced by 2022.

Decision was made to give more artisanal and small-scale miners (ASM) the opportunity to benefit from the program, which helps them trace route of their diamonds throughout the supply chain.

Santiago Urdinola, head of private firm Minesa and former president of the Colombian Mining Association, made comment during a meeting about the company’s application for an environmental licence a large underground gold project.

Governor Greg Abbott said when the project was announced last year that it would allow Texas to “repatriate” its gold from New York.

The 118.91-carat stone is the largest recovered at the site in the past two years.

Close Lake consists of 21 mineral claims totaling 38,679 hectares. It is located in the eastern Athabasca Basin area of northern Saskatchewan, Canada.

The company's star in the first quarter was its Centinela mine, which produced 68,800 tonnes of copper, 45.5 % higher than 2018.

Graff has now created a 302.37-ct square emerald cut diamond – the world’s largest of that particular cut.

The company's stock was up over 7% by Tuesday afternoon.

The outlook for commodities is bullish, according to Citigroup, which expects raw materials to be supported by a potential US-China trade deal, improved demand from China, and a weaker dollar.

Rodnikova is a high-grade gold and silver epithermal deposit located in close proximity to the company’s operating Asacha gold mine.

Saudi Arabia, the world’s top oil exporter and OPEC's largest producer, has influenced the oil market and oil flows since the middle of the 20th century.

France’s environment minister is expected to announce in June the government’s official position on both Norgold and Columbus Gold's proposed open-pit mine and a precious metal industry in French Guiana.

The announcement came as the London Metal Exchange (LME) launched an initiative under which it could ban or delist brands that are not responsibly sourced by 2022.

Agnico Eagle Mines is doubling down this year on Nunavut, Canada’s least developed territory.

The company has completed a 2,059-metre copper-zinc focused program at the No.8 deposit.

Tsingshan signed a $1 billion outline agreement to build a 2 million tonne-per-annum steel plant in Zimbabwe in June last year.

Sandvik will deliver AutoMine and OptiMine solutions to Codelco’s Chuquicamata mine in Chile, creating one of the most efficient and advanced underground mines in the world.

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