SolGold to cut back on exploration projects to focus on Cascabel

The Senate panel asked for implementation of a 40% royalty charge on high-yield mines and recommended the indictment of several Vale executives.

This labour dispute is only the latest of the company’s recent management shakeups.

Cerro Blanco is a permitted, high-grade underground gold project located in southeastern Guatemala.

Vale’s attempt to reduce costs resulted in heightened tolerance for risks, according to the report.

The Buenos Aires area is part of a concession owned by Canada’s Hanrine. It lies just south of Cascabel, where SolGold PLC is seeking to build a major copper, silver and gold mine.

The El Limon and La Libertad mines have produced more than 1.4 million ounces of gold since 2010.

BHP's Escondida continues to lead the way as the top copper operation on the planet.

The Ministry of Energy and Mines of Nicaragua granted Condor Gold the Cerro Los Cerritos concession.

The 14-day strike had raised fears of global supply shortfalls.