Mining in Ecuador halted as govt issues orders to stay home

After being practically absent from the Indian market for two years, the Russian firm has signed a three-year supply contract with IPL.

Mining equities didn’t fare very well in Ernst & Young's most recent Canadian Mining Eye report.

The company says each of its six mines will be shut down for three weeks in the third quarter.

As of Wednesday night, there were 63 fires burning in the area and 13 were considered to be out of control.

Inspections that took place between 2013 and 2014, revealed 16 infractions, nine of which were considered very serious.

This is first time Romania grants a mining license without the involvement of a state-owned enterprise.

China needs supply for its 22 operating reactors and the other 24 currently are under construction.

Perhaps the most important aspect of today’s agreements is the fact that both aim to form long-term strategic partnerships to collaborate on further ventures, opening new markets for all the firms involved.

The deal is part of a long-term strategic cooperation agreement that will see Zijin and Barrick collaborate on future projects and joint investments.