The briefing on mining
The latest news, trends and data from the mining industry
NEWS IN NUMBERS
70%
Canadian mining firm Kinross Gold has announced that it will acquire a 70% interest in the Peak Gold project in Alaska.
$27.4bn
Federal and state prosecutors in Brazil are seeking to reopen a multi-billion dollar civil action lawsuit, claiming damages of $27.4bn, against mining companies Samarco, Vale, and BHP.
20%
Mining operations in the Amazon basin now cover more than 20% of Indigenous lands, according to a report from World Resources Institute and the Amazon Geo-Referenced Socio-Environmental Information Network
$375m
Nickel miner PT Vale Indonesia has announced the completion of sale of a 20% stake to Indonesia’s state miner Mining Industry Indonesia (MIND ID). MIND ID bought the 20% stake for a total of IDR5.52tn ($375.77m).
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PROJECT NEWS
Shanta Gold begins Tanzania’s Singida gold mine construction
East Africa-focused gold producer and explorer Shanta Gold has announced the start of construction at the Singida Gold mining project in central Tanzania. The project is located in the Ikungi administrative district in the Singida region of central Tanzania.
Tesla reportedly in talks with BHP over nickel supply deal
American electric vehicle (EV) company Tesla is in talks with mining major BHP Group regarding a nickel supply deal.
UN human rights expert urges Colombia to suspend Cerrejón operations
A United Nations (UN) human rights expert has called on Colombia to suspend some operations at the El Cerrejón mine due to activities at the mine causing damage to the environment and the health of Colombia’s largest indigenous community, the Wayúu peoples.
Poland reportedly expects EC to approve coal mines closure plan
The European Commission (EC) is reportedly expected to give consent to a plan to gradually close mines owned by Poland-based coal producing company PGG.
Further reading
Nornickel signs support package with indigenous peoples
Russian miner Nornickel announced that it has signed cooperation agreements with three organisations representing the indigenous peoples of the Taimyr Peninsula in the Far North of Russia. The company has several operations in the region and has been criticised by indigenous peoples for its activities.
Source: Mining-Technology
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