After five consecutive months of decline, global mining exploration began showing signs of life in March, particularly in the gold sector, a new report shows.
China is the globe's top mining country, but its alarming reserves-to-production ratio is forcing domestic miners to hunt for deals in the rest of the world.
La Serena appeals court unanimously rejected a lawsuit presented by locals, which claimed the massive tailing dam had dried up a nearby stream and contaminated underground water.
Farmers, anti-mining activists and local leaders have opposed the project for years, claiming it will pollute key waterways for Arequipa, where the mine will be built.
“We are very pleased to see the federal government’s commitments to extend the Mineral Exploration Tax Credit through March 2016 and to expand the eligibility of Canadian exploration expenses,” says David McLelland, Chair of AME BC
Cuba, the world’s sixth largest nickel producer and one of the top 10 nickel mining countries, also holds significant deposits of other minerals and oil, new U.S. Geological Survey report shows.
