Brazil’s Senate passed a bill on Wednesday that tightens the safety rules and inspection for dams in the mining industry, setting fines of up to one-billion reais ($187-million) for failure to comply.
SINO MUD one stop exploration mud source
Exploration on the rise in Australia
BY: ESMARIE IANNUCCI 31st August 2020 Total mineral expenditure in Australia was up 18.5% in the June quarter, compared with the previous corresponding period, new data from the Australian Bureau of Statistics (ABS) has shown.
Court action to delay drilling, says Los Andes
Drilling at the Vizcachitas project, in Chile, could be delayed by between six and eight months, owing to court action, TSX-V-listed Los Andes Copper said on Friday. Ultimately, it could delay the prefeasibility study, the company stated.
Papua New Guinea entity seeks talks with Barrick over mine restart – report
Papua New Guinea’s Kumul Minerals Holdings is open to talks with Canada’s Barrick Gold and its joint venture partner to restart production at a highlands gold mine, the State-owned miner’s chairman said, according to a report on Wednesday.
FMG and Afghanistan hold mining investment talks
Fortis Hill Metals Group (FMG) has held talks with Afghan officials on potential opportunities in the country’s mining industry to discuss potential investment in iron ore and copper resources. The Afghan government has been working hard to accelerate the development of mineral resources valued at US$1 trillion and is currently attracting global miners to revive the stagnant development of major minerals such as gold, copper, iron ore and rare earths. It invited 14 mining projects last year alone. tender.
Southern Gold raises funds for Korean exploration
Southern gold will raise A$10.2-million through a share placement to fund drilling activity over the next two years.
The company on Thursday announced that it had received commitments for the subscription of 85-million shares, priced at 12c each.
