Data shows West Africa has the biggest growth rate in the yellow metal’s resources in the world.
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The discovery comes less than a month after Petra found a 100.83 carat gem-quality diamond at the same mine.
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The company has increased its overall reserves by 6%, net of mining depletion.
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Africa-focused diamond miner said current market conditions didn’t support expansion project at the Lesotho mine.
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Firestone Diamonds halts Liqhobong mine expansion plans, limits losses Read More »
Work is scheduled to begin in the June quarter, with first gold expected in the second half of 2020.
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Currently there are no established global standards defining what a tailings dam is, how to build one and how to care for it after it is decommissioned.
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In its current form, the epidemic won’t impact the nation’s cobalt production, as the vast distance from the Katanga region largely prevents its spread, says global risk consultancy Verisk Maplecroft.
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It could take the Malian mine gold output to 7.5-million tonnes a year from the current 6-million tonnes.
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On the upside, the RNI report shows that 24 nations have seen improvements in their index performance.
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30 countries face higher resource nationalism risk — report Read More »
Rights group also said the EV industry sells itself as environmentally friendly, while most of the batteries they produce use polluting fossil fuels.
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