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Peru creates new conservation area to protect glaciers from extractive operations
Peru’s National Service of Protected Natural Areas approved this week the creation of the Ausangate Regional Conservation Area (ACR Ausangate in Spanish), whose objective is to protect glaciers and Andean grasslands, as well as emblematic animals such as the condor...
An abundance of aluminium scrap to spur US recyclers
The growing use of aluminium by transport and packaging firms in the United States has created an abundance of scrap and is encouraging recyclers to expand capacity in what industry analysts see as the start of a new trend. Those already expanding include Novelis, one...
Alamos Gold to hike dividend by 50% on ‘strong’ 2020 outlook
Canadian-based diversified gold miner Alamos Gold (TSX: AGI) has provided its production and operating guidance for the upcoming year. The company remains on track to meet its 2019 production and cost guidance, driven by strong performance from its Canadian operations...
Rio Tinto scores big win in Mongolia
The world’s second largest miner Rio Tinto (ASX, LON, NYSE: RIO) has scored a major win in Mongolia after the country’s parliament unanimously approved a resolution that reconfirms the validity of all the Oyu Tolgoi mine-related agreements approved since 2009. The...