China’s MMG says Las Bambas copper operations not disrupted, talks ongoing
The Fuerabamba community had imposed a new road blockade on the mine after talks with the company over compensation broke down.
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Merkel cabinet approves $45B in aid for coal regions
The aid package launches a drive to transform chimney-stack economies into high-tech centers and will help Germany achieve its climate goals for 2030 and put it on the right path for meeting 2050 targets.
To borrow $500m, Zimbabwe pledges mine that doesn’t exist
The collateral for African Export-Import Bank’s $500 million loan to Zimbabwe is a mine that Great Dyke Investments, a venture between Russian investors and the Zimbabwean military, plans to build at a cost of $4 billion.
California project yields high-grade mineralization for Rise Gold
The Vancouver-based miner is exploring the past-producing Idaho-Maryland gold mine, located near Grass Valley in northeastern California.
Newcrest starts drilling at Greatland Gold’s project in Western Australia
The farm-in deal gives Newcrest the option to acquire 70% of the project by spending $65 million on exploration and development over five years.
Delrey moves ahead with acquisition of vanadium property in Newfoundland
According to the Vancouver-based miner, there are low exploration and development costs associated with the project.
Acacia blames Barrick for barring it from Tanzania talks, mulls takeover bid
Comments come after parent company Barrick Gold proposed to acquire all of the shares it does not already own in the Tanzanian miner.
The future of energy won’t be decided by voters — opinion
Investors in energy seem now to be sitting on the sidelines, waiting to see whether the cost deflation in renewables will overcome issues around grid integration, or whether some unforeseen policy backlash can drive a second coming of fossil fuels.
Hudbay said to prepare sale of Arizona copper mine stake
The Toronto-based base metals miner has interviewed potential advisers about selling a 30% stake in the Arizona Rosemont project.