First Quantum’s Panama mine closure to cost around $800m, minister says
The cost of the closure of Canadian miner First Quantum’s copper mine in Panama is estimated at around $800 million, Trade and Industry Minister Jorge Rivera said on Wednesday.
-
-
Visit: 43
Closure of First Quantum’s Panama mine seen around $800m, minister says
The cost of the closure of Canadian miner First Quantum’s copper mine in Panama is estimated around $800 million, Trade and Industry Minister Jorge Rivera said on Wednesday.
-
-
Visit: 78
Impala Platinum considers mine closures after profit slump
Impala Platinum could shut some loss-making South African mining operations if metal prices deteriorate further and restructuring efforts fail to improve margins, chief executive Nico Muller said.
-
-
Visit: 104
Australian lithium stocks rally on speculation of China mine closure
Australian lithium stocks rallied on Monday on speculation that Chinese battery maker CATL had closed its Jianxiawo mine in China that produces the material used in electric vehicle batteries.
-
-
Visit: 69
Mexican president exhorts American company to settle after mine closure
Mining News Pro - Mexico’s President Andrés Manuel López Obrador exhorted Vulcan Materials’ subsidiary, Calica, to accept his government’s $440 million offer for the 2,000 hectares it has under concession in the southeastern Quintana Roo state.
-
-
Visit: 150
Glass Lewis joins call for increased Glencore disclosure on coal
Mining News Pro - Proxy adviser Glass Lewis has urged investors in global miner and trader Glencore to support a shareholder resolution asking for more disclosure on thermal coal production.
-
-
Visit: 128
B2Gold begins phased closure of Namibia mine
Mining News Pro - B2Gold said on Tuesday it had begun the phased closure of its Otjikoto gold mine in Namibia, once the country’s largest producer of the precious metal.
-
-
Visit: 131
South Africa pushes to delay coal plant closures
Mining News Pro - South Africa has told rich countries backing its $8.5 billion energy transition deal that it wants to delay the closure of some units at its coal-fired power plants, people familiar with the situation said.
-
-
Visit: 190
India may delay coal plant closures in blow to climate action
Mining News Pro - India’s government is studying a slower retirement of aging coal-fired power plants as it also adds newer sites, a move that would keep fossil fuel capacity higher for years and potentially stall efforts to hit climate goals.
-
-
Visit: 829
Chile top court ratifies closure of Canadian-owned Pascua Lama project
Mining News Pro - Chile’s Supreme Court on Thursday ratified the definitive closure of Canada-based Barrick Gold’s controversial $8.5 billion Pascua Lama gold and copper mining project, previously ordered to shutter by the country’s environmental regulator in 2018.
-
-
Visit: 568
Excellon eyes new assets in Mexico ahead of Platosa closure
Mining News Pro - Precious metals miners Excellon Resources is looking for new assets in Mexico ahead of the planned closure of its Platosa mine, one of the country’s highest grade silver mines.
-
-
Visit: 448
Fortuna’s San Jose silver mine in Mexico faces closure due to expired permit
Mining News Pro - A top Canadian miner in southern Mexico is trying to avoid the unprecedented closure of its 10-year-old silver mine after the expiry of its environmental permit last month left it in limbo.
-
-
Visit: 555
‘No small feat’, says Vedanta as Lisheen receives closure certificate
Mining News Pro - The Lisheen mine, in Ireland, has formally transitioned into aftercare, signifying the completion of mine closure plan which started in 2015 when production at the former underground zinc and lead mine ceased.
-
-
Visit: 509
Sibanye records A- rating for carbon, climate change disclosure
Mining News Pro - Precious metals miner Sibanye-Stillwater has achieved an ‘A-’ rating by nonprofit global environmental disclosure platform CDP, in recognition of its climate change action and disclosure.
-
-
Visit: 609
Argyle closure to offset 2021 diamond production lift
Mining News Pro - Australia is one of four countries responsible for the substantial decrease in rough diamond production during the COVID-19 pandemic.
-
-
Visit: 411
Rare Argyle pink diamonds released ahead of mine closure
Mining News Pro - Australian Diamond Portfolio is set to showcase a selection of the last pink diamonds to be unearthed in Australia before Rio Tinto closes the Argyle mine in Western Australia.
-
-
Visit: 573
World`s top copper mine risks closure from strike in Chile
Mining News Pro - Supervisors at Chile’s Escondida mine rejected the company’s final wage offer, moving them a step closer to a strike that could slow output at the world’s biggest copper operation.
-
-
Visit: 542
Chile court orders “total and definitive” closure of Barrick’s Pascua-Lama
Mining News Pro - Chile’s environmental court has put the final nail in the coffin for Barrick Gold’s giant Pascua-Lama gold-silver project, straddling the Argentina border, which had been on hold since 2013 over environmental concerns.
-
-
Visit: 556
Just Share labels Investec’s climate-risk disclosure report as new benchmark
Mining News Pro - Shareholder activism organisation Just Share has described the ‘Climate Related Financial Disclosures’ report published by Investec in May as having set a new benchmark for South African banks in climate-risk disclosure.
-
-
Visit: 531
Brazil mining association;
No current risk of closures
Mining News Pro - Brazil has the capacity to meet the growing demand for iron ore and there is currently no risk of mine closure due to the covid-19 pandemic, says Brazilian mining association (Ibram) president Flávio Penido.
-
-
Visit: 860
Rio Tinto closure of aluminium smelters sparks outcry
Mining News Pro - Rio Tinto has started to wind down operations at New Zealand Aluminium Smelters (NZAS) ahead of an eventual closure next year.
-
-
Visit: 751
Minister urges mines to test without fear of mine closure
Mining News Pro - Mineral Resources and Energy Minister Gwede Mantashe on Friday urged mines to test for Covid-19 to the full extent without fearing mine closure.
-
-
Visit: 556
Palmer lodges challenge over WA border closure
Mining News Pro - Businessman Clive Palmer has submitted documents to the High Court opposing the Western Australia border closure, calling it “unconstitutional”.
-
-
Visit: 1087
Eskom considers delaying closure of three coal-fired plants
Mining News Pro - Eskom Holdings SOC Ltd., South Africa’s state-owned power utility, is considering delaying the closure of three of its oldest coal-fired power plants by several years to maintain generation capacity.
-
-
Visit: 551
Brazil mining regulator orders closure of 25 Vale dams
Mining News Pro - Brazil`s National Mining Agency (ANM) said on Thursday that it would halt operations at 47 mining dams that failed to certify their stability, including at least 25 belonging to the world`s largest iron-ore producer Vale.
-
-
Visit: 868