Zambia Revenue Authority claims the company owes $2.1 billion in penalties and $5.7 billion in interest.
After BMO's star analyst published bullish research notes on vanadium in January (2018), the price of vanadium pentoxide (v2o5) went up another 55%.
“The dominant union, which represents the majority of workers, is not involved in the action,” an official statement reads.
The world's 10 largest copper mines accounted for 25% global output in 2017 – on average these deposits were discovered 95 YEARS ago.
The gold miner’s employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares.
GFG Resources now controls a total of 700 square kilometres of gold assets in Ontario and Wyoming.
Firm said the $412-million construction project to upgrade the Ivory Coast-based gold mine remained on-time and on-budget.
Miner is advancing a pipeline of projects expected to contribute more than 1 million ounces of annual production starting in 2021.
The biggest gold mine in the European Union is getting a new lease on life, thanks to a shaft sinking project that will increase throughput by 25%.