Foran Mining wants to develop world’s first carbon-neutral copper project
The miner will record emissions and purchase offsets for the carbon emitted from exploration activities over the past decade at the McIlvenna Bay deposit.
President Emmerson Mnangagwa is making moves to end the country’s international isolation and attract foreign investment to boost an economy in tatters, including allowing new private investment in the diamond fields.
A joint approach could allow for resources to be unlocked that would likely not otherwise be productive - Ricus Grimbeek, COO, Vale’s North Atlantic Operations and Asian Refineries
For substantive change to take hold at the company, long-term directors who have presided over value destruction and overseen technical failures of prior mine plans need to be replaced.