Colombian court hands major win to South32, won’t have to pay damages
But the court upheld part of the previous ruling requiring the miner to re-apply for its environmental licensing and start a community consultation process.
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BHP’s Spence copper mine in Chile partially closed following fire
A fire at its Spence copper mine in Chile had forced it to partially shut down operations. No one was injured in the fire, which has since been extinguished.
Central bank demand for gold reaches 3-year high
Egypt recently bought gold for the first time since 1978, India, Indonesia, Thailand and the Philippines have re-entered the gold market after years-long absences.
Three dead, several injured after attack at Continental Gold site in Colombia
This is the second time this month the Toronto-based miner mourns the death of staff members in Colombia.
South Africa’s cabinet approves new mining charter
The mining charter was introduced to redress the exclusion of black people in the mining sector under apartheid.
BHP seeks approval for $50m US pact over fatal Brazil dam burst
It would resolve shareholder claims stemming from the Nov. 5, 2015 bursting of the Fundão dam in Minas Gerais run by Samarco.
Deep sea robots reveal mineral riches in the abyss
The scientists, from the University of Bergen in Norway, are sending robots 2,500 metres (8,000 feet) down into the waters between Norway and Greenland.
With copper options, China steps up challenge to London, New York rivals
The Shanghai Futures Exchange (ShFE) will launch copper options trading on Friday, aiming to take a slice of a $270 billion global market.
Mining industry’s adoption of blockchain not a question of if, but when — report
Blockchain technology and the smart contracts it enables are the next innovations the mining industry needs to adopt in order to improve efficiencies and increase market transparency, a paper published by global law firm White & Case says.