ARCHIVE PHOTOS: Bingham Canyon rebuilds after landslide
MINING.com tours Rio Tinto Kennecott’s Bingham Canyon mine 18 months after the largest non-volcanic landslide in history.
ARCHIVE PHOTOS: Bingham Canyon rebuilds after landslide Read More »
MINING.com tours Rio Tinto Kennecott’s Bingham Canyon mine 18 months after the largest non-volcanic landslide in history.
ARCHIVE PHOTOS: Bingham Canyon rebuilds after landslide Read More »
Friedland previously pledged 25m shares in Vancouver-based company to a bank.
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Additionally, Newmont’s board of directors has unanimously approved a stock repurchase program.
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The deal would give China’s No.1 gold producer access to the Buriticá gold project in Colombia, expected to begin production next year.
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The two executives are Marcio Hamilton Ferreira, chair of the finance committee, and Marcelo Augusto Dutra, who leads the compliance committee.
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The world’s largest copper miner saw pre-tax earnings to September fall by 57% due to heavy rains, strikes and lower metal prices.
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Pedra Branca underground mine is expected to have an annual production of about 18,000 tonnes of copper and 11,000 ounces of gold over an eight-year mine life.
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Rio Tinto is the first resources company to join the partnership with a contribution of A$1 million over 5 years.
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Its minority 12% interest in the Grosvenor coking coal mine is being acquired by a consortium of Japanese companies.
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Miner feared the government would try to completely renegotiate the agreements underpinning the asset’s development.
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