September 18, 2020 Chile court orders “total and definitive” closure of Barrick’s Pascua-Lama The giant gold-silver project had been shut since 2013 over environmental concerns.
September 18, 2020 Teck mine in Chile switches to renewable energy Company has signed an agreement that will provide its Carmen de Andacollo copper operation with 100% renewable power, eliminating 200,000 tonnes of greenhouse gas emissions.
September 17, 2020 South Africa looks to mining industry to fuel covid-19 recovery The industry contributed 8.1% of South Africa’s GDP last year, from a peak of more than 20% in the 1980s.
September 17, 2020 BHP knew of heritage site concerns over mine expansion Plans the miner had to destroy several heritage sites are now on ice.
September 16, 2020 Restoration after 2015 Brazil dam burst behind schedule – UN expert None of 42 projects is on track, says the UN, alleging that miners had failed to provide effective reparations since Brazil's worst environmental disaster.
September 16, 2020 Newmont CEO sees gold ‘elevated,’ but will keep plans grounded Company plans to focus on improving margins and investing in existing projects that make money at lower prices.
September 16, 2020 BHP sees profit in a world speeding up climate action Key polluters, including miners and oil producers, are under increasing pressure from major investors to take more ambitious measures to curb emissions.
September 16, 2020 Vale targets 400m tonnes of iron ore capacity per year The company currently has the capacity to produce 318 million tonnes a year.
September 16, 2020 Freeport does not want to be ‘distracted’ by buyout offers Company is focused on expanding its Grasberg mine in Indonesia and boosting cash flow, Chief Financial Officer Kathleen Quirk said.
September 16, 2020 Nearly half of TSX30 ranking are mining companies Fourteen of the Toronto Stock Exchange’s 30 top performers on the TSX30 2020 ranking are mining companies.
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