Colombia to set up reserve zones amid miners’ concerns
Designating certain areas as temporary reserve zones, will effectively restrict extraction and exploration in those areas, companies warn.
The Renova Foundation, set up by BHP Group and Vale SA to compensate for a deadly dam burst at a jointly owned Brazilian mine in 2015, will spend 5.86 billion reais ($1.09 billion) this year, up about 25% from 2020, its executive-director told Reuters in an interview on Friday.
($1 = 5.37 reais)
(By Marta Nogueira and Gram Slattery; Editing by Brad Haynes)
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