Codelco chooses 33-year insider to replace Pizarro as CEO
Octavio Araneda will replace Nelson Pizarro at the helm of Codelco from Sept. 1.
Cecilia Jamasmie , Editor-in-Chief
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Trump’s rejection of uranium import limits expected to boost demand
He has rejected a recommendation by the Commerce Department to require US power producers to source up to 25% of their uranium from domestic mines, creating instead a working group to review the country’s nuclear fuel supply chain.
Antofagasta, Barrick get almost $6 billion after legal win against Pakistan
World Bank tribunal rules in favour of Tethyan Copper, a joint venture between the Chilean copper miner and Canada’s gold giant after seven-year battle.
Tanzania goes after Acacia’s flagship mine
North Mara, the company's largest mine, has not been affected by an export ban because it produces gold doré bars rather than ore concentrate.
Cornish Lithium turns to crowdfunding to finance UK project
It wants to raise £1m to support further drilling for subterranean lithium-bearing brines in the ancient mining region of Cornwall, south-west England.
BHP may be the next big miner to wave goodbye to coal
It currently has two thermal coal units — NSW Energy Coal in Australia and Cerrejón in Colombia —, which are expected to generate just 4% of the company’s earnings this year.
World Gold Council expects metal demand, prices to stay strong
Price momentum and structural economic reforms in India and China will also be key demand drivers.
Berkeley Energia boss quits as uranium mine in Spain waits for final OK
Paul Atherley, who joined the company in 2015, will be replaced by a Spanish national.
Chile to triple fines for environmental damages, infractions
The government seeks to impose fines of up to $215,000 for each violation of the country’s environmental rules.
Avesoro sticks to 2019 guidance, despite gold output drop
The company's gold production fell to 34,338 ounces in the three months to June 30 from 45,098 ounces in the previous quarter, equivalent to a 43% drop from Q2 2018.
Kidnappers kill Vizsla mine workers in Mexico
The focus remains on the safe return of those who remain missing, the company said.
