BHP posts second straight year of record iron ore production, beats estimates
The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30.
Washington lawmakers yesterday approved a bill to approve a land exchange clearing the way for what would be North America’s largest copper mine.
The Washington Post reported that under the agreement, Resolution Copper Mining, a subsidiary of Rio Tinto (LON:RIO), would gain access to 2,400 acres of federal forest land to develop the mine, located near Superior, Arizona. In exchange, about 5,300 acres of private lands controlled by Resolution Copper would fall into federal hands.
While House Republicans, business groups and the National Mining Association were all pushing for the bill’s approval. The Obama Administration was against approving the land swap until an environmental review was completed.
In the end the Republican-controlled House prevailed, passing the legislation 235 votes to 186.
4 Comments
The Mafia Man
Just another givaway to the big corp! Soon we will have nothing left to give away, they will have it all , the SOB’S!!!!!!
guest
They are giving back more than double what they asked for, how does that translate into having nothing left?
Geologist
mafia man you are an idiot. I happen to know that the mine will provide 1400 + jobs immediately as well as benefit the arizona tax coffers to the tune of 5 billion dollars. I also know the project in question tries to hire locally when it can and takes special pains to include the local community in the decision process. But of course as you type on your computer filled with minerals that had to be mined ( and probably largely sourced from China) you ignore the reality of modern society.
Eyeseeyou25
Calling mafia man an idiot, is an insult to idiots.