For 2019, the Canadian miner forecasts gold production of between 935,000 and 975,000 ounces at all-in sustaining costs estimated at between $835 and $875 per ounce.
Colombia Mining News
The applications cover a total area of 1,757 square kilometres and are located within the western Chocó department.
Americas Market Intelligence says companies need to do their due diligence.
The Coscuez mine has produced some of the best emeralds from Colombia’s Muzo region for more than 300 years.
According to Forjando Futuros foundation, the forced displacement was ordered by the companies but executed by either the National Army or the guerrilla.
The bill proposes a gradual reduction in taxes on businesses to 30% by 2022 as well as a new sales tax refund of 19% for capital goods such as machinery.
The mine applied incorrect discounts to its royalty payments over several multi-year periods.
A wave of environmentally focused anti-mining referendums over the past 18 months have worried investors.
But the court upheld part of the previous ruling requiring the miner to re-apply for its environmental licensing and start a community consultation process.
This is the second time this month the Toronto-based miner mourns the death of staff members in Colombia.
The Alliance for Responsible Mining (ARM) and RESOLVE have released a code to facilitate increased responsible sourcing from artisanal miners, while contributing to improved social and environmental performance of artisanal and small scale mining sector.
This is the third agreement with a Canadian gold miner with projects in Colombia that Newmont inked in the last 18 months.
The workers were killed in a gold mine in the southern Bolívar state.
The US miner will eventually have to invest a minimum of $3 million in Miranda Gold's Lyra project to be granted a 51% stake on it.
The provincial Secretary of Mines said that eight people have died in similar conditions this year.
Gemstone producer us is expanding its footprint in Mozambique by acquiring nine ruby assets from ASX-listed Mustang Resources and Regius Resources Group.
The plant is expected to improve B2Gold’s economic returns, reduce impacts on the environment and become a potential funding source for community development.
The company, which began operations a year ago, said the move seeks to strengthen its communication with key stake holders and consumers.
The 25.97-carat rough emerald is considered both “rare and exceptional” given its size, colour saturation and clarity.
“We are the first territory actively making efforts towards eradicating the use of mercury and we are close to achieving this goal,” Antioquia's Governor said.
The council endorsed a plea introduced by mining workers against a ruling by the Cundinamarca Administrative Court.
It took authorities about three hours to be able to dig a back access entrance.
The quarry’s entrance collapsed Wednesday afternoon.
The court accepted as valid arguments and evidence presented by community leaders who claimed that waste emissions from South32’s Cerro Matoso nickel mine caused skin, lung and heart problems to people in the nearby towns.
Pro-mining votes seem set to benefit local companies and mining in streams and on mountainsides, not multinationals.