Australia’s largest gold producer is paying $806.5 million for a 70% stake in Imperial Metals’ Red Chris copper and gold mine, located in British Columbia.
The Agua Rica mineral reserve is estimated to contain 4.5 million tonnes of copper and 6.5 million ounces of gold contained in approximately 910 million tonnes of ore.
Brazil’s new right-wing government is going ahead with announced changes to current mining regulations, which include a controversial plan to open up indigenous reserves to mining.
The country's No.1 gold producer says the "brief" spill affecting the operation has already been halted and blamed vandals for destroying or stealing sections of the pipe it uses to move waste water.