Peru’s emergency mining ban to cost $200 million in lost gold output
The country has seen an up-tick in criminal activity culminating in the murder of 13 mine workers.
Rio Tinto (ASX, LON: RIO) has inked a definitive arrangement with Turquoise Hill Resources (TSX: TQR) to buy the 49% of the Canadian miner it doesn’t already own for $3.3 billion. The global miner noted Turquoise Hill’s board had unanimously recommended...
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