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The firms said it's also initiating consultations with its unions about the potential impacts on employees during this period of suspended production.

The Tanzanian government submitted three bills to parliament on Thursday that would allow it to force mining and energy companies to renegotiate their contracts.

After acquiring Goldcorp's 21% in San Nicolás, Canada's largest diversified miner will be the Zacatecas-based copper-zinc project sole owner.

Mining companies operating in Chile are examining restarting projects that were put on hold in recent years due to a copper price slump, the mining minister and industry executives said, though final investment decisions will wait until political uncertainty lifts after the November presidential elections.

Court did not provide details about its decision to dismiss the case; it just said most magistrates opposed hearing the lawsuit.

Both authorities and the Canadian miner company have officially ruled out possibility of finding them alive.

South Africa's Chamber of Mines has applied to a high court for an interdict to prevent the implementation of a new charter that increases the minimum threshold for black ownership of mining companies

Minerals company Cobalt 27 Capital Corp made its debut on Canada's Venture Exchange on Friday, raising C$200 million in a listing that offers investors exposure to cobalt, a key metal for batteries in electric cars.

Having climbed almost 64% since the start of the year, investor sentiment towards SolGold appears to be quite positive.