Posts Tagged ‘environment’

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Newmont could redirect Conga billions to Ghana if delays continue

Newmont Mining Corp. Full story

Scorpio Mining Advances Expansion Planning to Increase Production Capacity at Nuestra Señora Processing Plant by Over 80%

TORONTO, Jan. 30, 2012 /CNW/ – Scorpio Mining Corporation (TSX: SPM) (“Scorpio” or the “Corporation”) is pleased to announce that the proposal to expand its 100% owned Nuestra Señora processing plant, located in Sinaloa, Mexico has been approved by its Board of Directors Full story

Peru PM says Conga will get built, otherwise Newmont’s compensation bill would be ‘huge’

Peru’s Prime Minister said on Tuesday Newmont Mining’s stalled Conga project will be developed as the government could end up with a “huge” compensation payment if the $4.8 billion mine does not go ahead. Newmont stopped construction of the copper-gold project in November after violent protests in the poor Cajamarca region of northern Peru. Business News Americas reports PM Óscar Valdés told daily La ... Full story

Derisking gold juniors, step by step

Source: Sally Lowder of The Gold Report   (1/18/12) If you’re among the many who consider investing in the junior resource sector nothing more than a crapshoot, look into Ahead of the Herd Publisher Rick Mills’ steps to derisk the inherently risky business of investing in junior resource companies. In this exclusive interview with The Gold Report, Mills not only spells out the steps involved ... Full story

Peru to spend $1.6 billion on Cajamarca’s poor, Newmont could restart Conga in March

The Wall Street Journal reports Peru on Friday announced a programme of social and infrastructure investments in its poor Cajamarca region aimed at winning over local protesters who have brought to halt Newmont Mining’s $4.8 billion Conga project over environmental concerns. Protestors, led by Cajamarca’s Maoist governor Gregorio Santos, say Conga will destroy the environment by transforming four high Andean lakes into reservoirs for ... Full story

Taseko spending $134 million on Gibraltar, will keep plugging away at Prosperity

Taseko Mines Limited (TSX: TKO; NYSE Amex: TGB) on Wednesday announced it is going ahead with its Gibraltar capital program and is planning to spend $134 million to complete the project by the end of this year. The investment will increase Taseko’s share of copper production capacity to 140 million pounds per year Full story

Goldcorp Meets 2011 Forecast Gold Production and Cash Costs; Five-Year Gold Production Growth Profile Increases to 70%

Toronto Stock Exchange: G                                                                      New York Stock Exchange: GG (All Amounts in $US unless stated otherwise) VANCOUVER, Jan. 9, 2012 /CNW/ -  GOLDCORP INC Full story

The Year of the Deal: Top 10 mining M&A in 2011

If 2010 was the year of rising commodity prices, 2011 was the year of The Deal. This year two key factors conspired to make the environment for mergers and acquisitions particularly attractive to mining companies Full story

The largest storage dome in South America, constructed over an operating stockpile

Located at over 4,000 meters above sea level in the Altiplano of the Andes Mountains, the San Cristobal Mine is the largest mine in Bolivia. The open-pit silver, lead and zinc mine’s production process requires the transportation of 150,000 tons of rock, and the processing of 40,000 tons of mineral daily Full story

Goldcorp secures construction permit for Cerro Negro project

VANCOUVER, Dec. Full story
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