Two ministers met with captains from the Indigenous tribe, however, activists say their complaints against the environmental and social impacts of the Orinoco Mining Arc tend to fall on deaf ears.
The yellow metal moved higher and closed the day visibly above the $1,300 level.
Zambia’s government this month began liquidation proceedings against Vedanta’s Konkola Copper Mines, after accusing Vedanta of lying about expansion plans and paying too little tax.
Gold is finally seeing some bullish momentum as trade ructions escalate, fueling the biggest rally among the top miners in seven months.
The third wave of digitalization is taking the mining industry by storm. Not everyone is riding on top of the highest wave, but instead trying to settle on their surfboards and figuring out how to go forward. For example, do age, connectivity and heterogeneity of the fixed plant assets restrict the speed, and what is there to gain? Are autonomously optimized equipment, high asset availability and uptime, and safer and more predictable operations achievable goals? How could the right partner help us win the race?
Buenaventura said that it was forced to fire some workers because gold and silver reserves at Orcopampa have gone down and so has production.
The 17 so-called “rare earth metals” play strong supporting roles in many of the consumer electronics we enjoy on a daily basis, from our TVs to smartphones.
Inmarsat has committed to providing the state government with a smart monitoring solution which is based on IoT and satellite technology.
Vale said the Sul Superior dam, located just 1.5 km from the mine, remains intact and that it continues to be monitored 24/7 via radar, drones and a robotic station capable of detecting the slightest movements.
Once every decade or so, the world goes through a collective freak-out about rare earths.