About 80% of Colombia’s gold output comes from illegal miners — Gov’t
Authorities say the $2.5 billion illicit mining industry is creating a parallel economy that is deemed to damage the business of those who operate legally.
As part of its climate efforts, the federal government is providing funds to Tugliq Energy to install two more wind turbines at Glencore‘s remote Raglan nickel mine.
Copper futures advanced in London and New York on Wednesday on hopes of rising demand, but prices in Shanghai fell on fears of policy tightening by top consumer China.
The leak of 21,000 tonnes of diesel into rivers and subsoil from a rusty-looking storage tank at mining firm Nornickel's power plant in Siberia angered President Vladimir Putin.
He Jinbi believes as top consumer China builds metals-intensive renewable energy and electric vehicle infrastructure, copper and other base metals will see serious supply deficits in future.