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A tenth of the world’s tailing dams have had stability issues
A global inquiry into mining waste storage systems of more than 700 resources companies, launched in April after the collapse of a dam in Brazil that killed hundreds, shows about a tenth of the structures have had stability issues. The research, led by the Church of...
Pan American Silver reports high-grade results from La Colorada
Pan American Silver (NASDAQ, TSX: PAAS) has released results from 14,300 metres of drilling completed during Q3 2019 on the La Colorada skarn discovery in Mexico. Preliminary metallurgical testing of samples indicates high recoveries across all metals can be expected,...
Mongolia coal giant ramps up work on $1 billion Hong Kong IPO
Mongolian state-owned coal miner Erdenes Tavan Tolgoi JSC is ramping up work on a planned Hong Kong initial public offering that could raise more than $1 billion, people familiar with the matter said. The coal miner has hired an adviser to oversee preparations for the...
Peru lets Southern Copper keep building $1.4bn Tia Maria mine
The Peruvian government confirmed on Wednesday it had given Southern Copper (NYSE: SCCO) permission to resume construction at its $1.4 billion Tia Maria project, in the southern Islay province of the Arequipa region. The world’s fifth largest copper producer by...