Mining Industry Projects by Region

Barrick Gold Corporation provided an update on the status of its Pascua-Lama project, located on the border between Argentina and Chile. As previously reported, on January 17, Chile’s Superintendencia del Medio Ambiente (SMA) ordered the closure of existing infrastructure on the Chilean side of the Pascua-Lama project. The sanction is…
Teck Resources Limited announced that first oil has been achieved at the Fort Hills Project. Suncor, as operator of the Fort Hills Energy Limited Partnership, has confirmed that the Fort Hills project is ramping up production following the safe startup of secondary extraction on January 27, 2018. As expected, the…
Rio Tinto officially opened its Silvergrass iron ore mine in Western Australia.The US$338 million project is the 16th mine at Rio Tinto’s world-class iron ore operations and will produce low-phosphorous ore crucial to maintaining Rio Tinto’s premium Pilbara Blend product. Rio Tinto chief executive J-S Jacques said “Silvergrass is a…
Newmont Mining Corporation announced an agreement to invest approximately US$109 million for 19.9 percent ownership of Continental Gold Inc. , supporting near-term development of the high grade Buriticá gold project in Colombia. The investment also covers three other exploration assets in this prospective gold district. The Buriticá deposit consists of…
GOLDCORP INC. announced that it has entered into an agreement with Barrick Gold Corporation to leverage potential synergies within the Maricunga Gold Belt, located in the Atacama Region in northern Chile, through a 50/50 joint venture. The Transaction is being effected through a number of steps, including: The acqusition by…
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