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Zambia plans to revoke Glencore’s Mopani Copper Mines licenses
Zambia plans to revoke the mining licences of Glencore subsidiary Mopani Copper Mines (MCM) because the company did not give enough notice before suspending its mining operations in the coronavirus crisis and other problems. In a letter dated April 14 to Mopani’s...
Chile court looks at alleged Escondida breaches
A Chilean environmental court will look into the State Defence Council’s (CDE) allegations that Escondida copper mine, the world’s largest, has caused “irreparable damage” to the Punta Negra salt flat, in the northern Antofagasta region. In the lawsuit filed against...
Lynas seeks ‘critical industry’ status in Malaysia as virus hits output
Lynas Corp Ltd on Wednesday said it has applied to the Malaysian government for an exemption from some coronavirus-led curbs, as reduced work levels drove an 18% drop in the miner’s third-quarter rare earths oxides output. The company’s Mt Weld mine in Australia has...
Barrick to invest $10 million in Precipitate Gold
Barrick Gold has inked an earn-in agreement with Precipitate Gold that gives it the right to earn a 70% stake in the junior’s Pueblo Grande project, located right next to the gold giant’s Pueblo Viejo mine in the Dominican Republic. To earn the set interest, the...