Conflict-Free Sourcing Initiative Expands Geographic Scope, Adopts Risk-Based Approach
The main objective of the legislation is to ensure that profits from those so-called “blood metals” — tungsten, tin, tantalum and gold — do not go to African warlords.
The country's armed forces raided 63 illegal mines operated by leftist guerrillas, blowing up machinery and arresting dozens.
The lawmakers voted 22 to 16 to strengthen a draft law requiring importers, smelters and refiners to certify their goods are conflict-free.
Expected to hire over 200 people.
This infographic covers everything you should know about copper porphyries, a deposit type responsible for about 60% of copper, 95% of molybdenum, and 20% of gold produced today.
The country wants investors back and has vowed to reduce the time it takes to process permits to less than two months.
"We've seen a lot of people who were involved with the initial diamond rush in the early 90s come back to us."
Prosecutors claim the gold company and its top executives are at the centre of a money-laundering scheme involving cocaine traffickers.
When his father could no longer make enough money from the tin mine, when he could no longer pay for school, Bienfait Kabesha ran off and joined a militia.
The ruling, which affects 11 gold mining companies, is the first of its kind in the South American nation.
WTO ruling an afterthought as Beijing approves sweeping changes to its rare earth industry and fast-tracks state stockpiling.
Miner allegedly failed to pay the soldiers a periodical fee in exchange for them turning a blind eye to illegal mining on Venezuelan territory.
Drakelands mine seen creating 200 jobs.
In this interview with The Mining Report, Seddon argues that a supply shortage could mean much higher prices, leading to handsome profits for those companies that get to market soonest.
Colombian authorities have ruled out the chance of finding any survivors.
Colombian rescuers continue Friday looking for more than a dozen people feared trapped beneath debris left by in the collapse of an illegal gold mine.
The proposed law sets up a system of self-certification for importers of tin, tantalum, tungsten, and gold.
The precarious conditions gold miners face daily have forced them to demand a swiftly approval of regulations.
The Hemerdon is believed to be the third largest tungsten resource in the world.
Includes involvement of police and military forces.
Together with the other three members of he Andean Community of Nations —Ecuador, Peru and Bolivia— the country has committed to destroy machinery and even properties that can’t be seized.
The government is sending troops to seize and close a major illegal tungsten mine run by the Revolutionary Armed Forces of Colombia (FARC)
Once confined to Peru and Colombia, the shady business has spread out to neighbouring countries and is generating up to five times more revenue than drug trafficking.
In an effort to expose and monitor these mining operations, a Belgian research group has been creating the first maps of eastern DRC's artisanal mining areas.
Sometimes the worst of times brings out the best in people. Such is the case in Australia's mining sector.
Get Mining News and Alerts
sent to your inbox daily