Brazil suspends Belo Sun’s gold mine licence, stock collapses
The company's Volta Grande project is posed to become the country's largest gold mine.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Alaska approves key permit for Pebble copper-gold mine, with conditions
Permit allows Northern Dynasty to work in the area for the next 12 months, but it includes requirements for state inspections, as well as an unprecedented $2 million guarantee as back stop for exploration clean-up.
BHP brands Elliott’s overhaul proposals as flawed, costly
Activist investor Elliott's proposals to break up BHP are riddled with “major flaws” and could end up costing far more to implement than they would save, the company said.
Iron ore market keeps getting uglier — prices at lowest since November
The commodity is now trading below $70 a tonne and has just suffered its largest one-day percentage decline in over a year.
Water scarcity, pollution to take shine off Latin American mining sector
In addition to raising costs for miners and delaying certain projects, the focus on the amount of water used by the extraction industry in the region will boost social pressure and anti-mining sentiment, experts say.
Gran Colombia Gold goes after the South American nation in $700 million lawsuit
The lawsuit is against the government's order to Gran Colombia Gold to halt its Marmato project until it has further consulted with local residents.
BHP Billiton to escalate defence from Elliott with Goldman’s help
Analysts expect BHP to argue that a demerged petroleum business would need to fund offshore growth projects by raising debt. It may also contend that a stand-alone division won’t have the same ability to defer production until oil prices improve.
US emissions dropped 1.7% last year
The fall was driven by a flood of shale natural gas supply and renewable power increasingly displacing coal, the International Energy Agency (IEA) said.
Iron ore prices keep falling despite a decrease in China’s inventories
After a 85% rise in 2016, iron ore prices are now down 3.2% so far this year, which has placed the commodity in a bear market.
Bacanora Minerals soars on deal to supply lithium to Japan’s Hanwa
Transaction will see the Tokyo-based trader acquiring up to 100% of the output coming from Bacanora's Sonora lithium project in Mexico.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
