Vale enacts emergency protocol at Barragem 5 dam
The move is a preventative measure in Minas Gerais and does not require the evacuation of the population downstream of the dam.
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Gold price rally fueled by non-traditional buyers
Gold is getting a lot of attention from pension funds, insurance companies and private wealth specialists.
Cameco to restart Cigar Lake in September
The Uranium major reported a net loss of $53 million for the second quarter.
Chile government rejects Codelco privatization
A group of lawmakers had proposed to sell the state-owned mining giant to raise funds for the coronavirus response.
European Metals, EU body partner to advance Cinovec lithium project
The Cinovec project is the largest hard rock lithium deposit in Europe.
Smooth Rock buys 100% interest in Nevada gold project
Palmetto project consists of 79 unpatented mining claims totalling 1,600 acres within the Walker Lane gold trend.
Alamos Gold to build new mine in Mexico
La Yaqui Grande, in the state of Sonora, is expected to produce 123,000 ounces of gold a year over a five-year mine life.
Rio Tinto in discussions with SFO over Simandou probe
Miner is seeking a deferred prosecution agreement over a payment it made to a consultant working on Simandou, the Financial Times reported.
Indonesia moving up the mining value chain – report
The mining industry will increasingly lose dominance as a driver of Indonesia’s mineral exports, Fitch says.
