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Polish Audit Office blasts KGHM acquisition of Chilean copper mine

The body, which looks into the way the Polish state operates and how it spends public funds, says the company has spent more than $5.2B in three years in the underperforming Sierra Gorda mine.

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Copper industry executives to discuss market outlook at World Copper Conference

The conference regularly attracts 500 attendees from more than 40 countries; representing the key producers, consumers, traders, distributors, and end-users.

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Strike hits Goldcorp’s Cerro Negro mine in Argentina

Mining stopped on March 8, when members of the Asociación Obrera Minera Argentina (AOMA) downed tools, and processing activities have now also ceased following the exhaustion of surface stockpiles.

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Barrick gives up plans to acquire Newmont, will form Nevada JV instead

Under the deal, Barrick will take a 61.5% stake in the joint venture consisting of the duo’s Nevada mines, with Newmont holding the remainder.

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Gran Colombia’s Segovia gold mine richer than thought

Asset’s reserves as at December 31, 2018 increased 4% to 1.9 million tonnes grading 11 grams per tonne of gold for 688,000 ounces, while measured and indicated resources increased 7% to 3.5Mt from a year earlier.

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Yamana, Glencore and Goldcorp ink agreement to integrate Argentina mines

The Agua Rica mineral reserve is estimated to contain 4.5 million tonnes of copper and 6.5 million ounces of gold contained in approximately 910 million tonnes of ore.

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Amazon’s riches up for grabs as Brazil to open indigenous reserves to mining

Brazil’s new right-wing government is going ahead with announced changes to current mining regulations, which include a controversial plan to open up indigenous reserves to mining.

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