Creditors of Brazil miner Samarco oppose restructuring plan
Creditors said the plan's main goal is to protect Samarco's giant shareholders, Vale and BHP.
Creditors said the plan's main goal is to protect Samarco's giant shareholders, Vale and BHP.
Ecuador has abundant mineral reserves, but has lagged behind other Andean countries such as Peru and Chile in developing large-scale mining.
This agreement confirms the key terms of the agreement in principle signed a year ago.
Company plans to start producing copper foil by end of 2023.
Quebreda Blanca Phase 2 project in Chile, currently under construction, will double Teck's consolidated copper production when it starts in 2022.
At the end of San Albino's pre-commercial production period, Mako Mining recovered a total of 6,300 oz. gold.
A carbon-neutral China requires changing the entire economy over the next 40 years.
Demand for greener energy has put companies with uranium and base metal projects under the spotlight.
Export growth accelerated to 32.2% in dollar terms the customs administration said, overturning economist's expectations of a slowdown to 23%.
Over 25-year life, mine expected to produce 842,000 tonnes of nickel, 21 million tonnes of iron and 1.5 million tonnes of chrome valued at $19bn.