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Glencore tags $355m to extend life of Australian copper assets
Miner and commodities giant Glencore said on Wednesday it will invest A$500 million (about $355m) to extend the life of its copper smelter and refinery in the Australian state of Queensland beyond 2022. The decision follows an agreement with the State Government,...
Overview Market Close – September 23, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 26,763.13 -525.05 -1.92% S&P 500 INDEX 3,236.92 -78.65 -2.37% NASDAQ COMPOSITE INDEX 10,632.98 -330.65 -3.02% NYSE COMPOSITE INDEX 12,359.16 0.00 0.00% S&P/TSX COMPOSITE INDEX 15,817.11 -325.78...
Communities to decide Ecuador mining projects’ fate
Ecuador’s highest court has ruled that communities have the right to hold referendums on whether or not proposed large and medium-scale mines can move forward, but said the public can only vote on mining rights not yet granted and not on licensed projects. The...
Hochschild Mining presses reset on Peruvian operations
Hochschild Mining recently resumed production at full capacity at its biggest gold-silver mine in Peru, Inmaculada, following months of disruption caused by the coronavirus pandemic. The precious metals miner said it has implemented a series of measures to deal with a...