Canadian mining companies are becoming increasingly unwilling to add employees to their payrolls and are reporting the weakest hiring intentions since Q3 2009.
The legislation could have enabled Canada's Gabriel Resources to proceed with plans to build Rosia Montana mine, Europe's largest open cast gold operation.
In addition to a grinding mill order earlier this year, Altay Polimetally has now chosen Metso as the supplier of a complete grinding system for their new copper mine in Kazakhstan. The order value is over EUR 30 million.