Glencore may be forced to shut down giant zinc mine in Australia
The Northern Territory Chief Minister has threatened to close Glencore's McArthur River operation if the miner does not improve its environmental practices.
Indonesia will not be righting the perception that it's a place safe for miners after the country's supreme court said it will not hear Churchill Mining's (LON:CHL) appeal in its two-year legal battle to get compensation for a coal project that the company says was unfairly seized.
Shares in Gabriel Resources were hammered again over the latest Rosia Montana shambles, dropping 6.9% on Thursday. Its losses for the week now top 15% and it also received the dubious honour of being included in the S&P TSX grouping of most volatile stocks.
We continue to collaborate closely with our suppliers and advisers, the regulatory authorities of the Government of Andalucía and the project financiers with a view to triggering the Rio Tinto Copper Mine by the end of 2012.
As diamond traders continue to express concerns over undisclosed lab-made diamonds, a Hong Kong firm is offering a low cost way to identify them. Their solution is a $200 laser pen.
I must return to the topic of the Pebble Mine. What is happening there is so extreme and contentious that it is setting the pinnacle (and possible the standard) for debate about opening new mines in sensitive places.
Plans to sell a stake in 90%-owned Alrosa, the largest diamond supplier in the world, would make up a huge chunk of the $9.3 billion Russia hopes to generate from asset sales this year.