German researchers say mining intensifies social conflicts in Peru
A group of researchers from Berlin’s Humboldt University published a study where they say that mining activities are the leading cause of social conflicts in Peru.
Singapore's sovereign wealth fund Temasek Holdings has taken up a 5.5% stake in Canada's Ivanhoe Mines valued at roughly $420 million ahead of a $1.8 billion rights offer at the miner. Early Monday Ivanhoe, already down 43% this year shed another 3.8% in value.
Surupampa comprises 800 hectares, lies adjacent to Darwin's 100%-owned Colquiloma property which comprises 450 hectares and is located 35km northwest of Barrick's Lagunas Norte gold mine (9Moz gold) in La Libertad.
First Uranium's (TSE:FIU) plan to sell some of its South African assets was thrown into further disarray after Kumvest (Pty) Ltd. offered to buy First Uranium in order to block the sale.
Large double-digit declines in the value of rough diamond trade by the U.S. in April. Rough diamond imports of $29.7 million fell 24.7 percent year on year.