Vale said the Sul Superior dam, located just 1.5 km from the mine, remains intact and that it continues to be monitored 24/7 via radar, drones and a robotic station capable of detecting the slightest movements.
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Vale said the Sul Superior dam, located just 1.5 km from the mine, remains intact and that it continues to be monitored 24/7 via radar, drones and a robotic station capable of detecting the slightest movements.
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Wall at Vale’s Gongo Soco pit begins gradual slide; dam holds intact Read More »
Central banks around the globe have been on a gold buying spree this year, with Russia and China, leading the pack.
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Investors worry a referendum on mining in Imbabura, the province in which its flagship Cascabel copper-gold project is located, could jeopardize the mine’s future.
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Risk of a new dam break as a consequence of an unstable embankment at Gongo Soco open pit, in the southeastern state of Minas Gerais, are now minimal, said Vale.
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Vale downplays risk of dam break at Gongo Soco mine Read More »
Deal creates the world’s second-largest platinum producer.
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Sibanye, Lonmin create world’s No.2 platinum producer as merger OK’d Read More »
President and CEO Mark Bristow said the company expected to complete a feasibility study for the project, which could extend the liefe of the mine into the 2030s, next year.
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Barrick Gold mulls $1B expansion of Pueblo Viejo mine Read More »
The $285-million takeover bid, considered by some analysts and Acacia’s minority shareholders as a low, would see the world’s second largest gold miner buying the remaining 35% of the African miner it does not already own, at a discount.
The post Barrick’s bid for Acacia an “appropriate” and “elegant” solution to Tanzania’s woes — CEO appeared first on MINING.com.
Debt financing agreements worth $200 million could be finalized “any day” and are expected to catalyze equity financing to start the almost 30-month development of the 1.1 billion-tonne Colluli sulphate of potash project, the company said.
The post Danakali about to secure financing for potash project in Eritrea appeared first on MINING.com.
Danakali about to secure financing for potash project in Eritrea Read More »
Canadian miner said its long-term growth strategy focus on developing its existing pipeline of projects, while seeking global exploration opportunities.
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