ANIMATION: Top 20 gold producing countries – 2020

Scotgold Resources plans to build an underground operation with an initial production capacity of 12,000 ounces of gold annually for up to 17 years.

The Mexico-focused precious metals miner expects cost inflation this year to be about 7%, compared with the 6.4% it faced in 2017.

The proposed acquisition also includes an offer for Rio’s 53% stake in the Aluchemie anode plant in the Netherlands and its 50% share in the Alufluor aluminum fluoride plant in Sweden.

Together with naming new top execs. the Canadian miner is acquiring Clara Diamond Solutions, which uses blockchain technology to trace diamonds as they move through the supply chain.

Lídia Senra filed a complaint before the European Commission denouncing the breach of a tailings pond in the Touro municipality.

Some urban mining already takes place in the EU but it involves melting devices together in a furnace and removing the most valuable metals.

A test sale was conducted and, according to the Minister of Mines, it was a total success.

The CEO of Mandalay dubbed 2017 as a challenging year for his company.

Rio Tinto, the second biggest miner by market capitalisation, has listings in London and Australia, a headquarters in London and an Australian office.