Deep sea mining puts $560 billion in land extraction at risk — report
Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker.
Hudbay Minerals Inc, a Canada-based diversified mining company, said late Thursday that it has resumed operations at its Lalor gold, copper, zinc mine, where production was halted due to a fatality last week.
Hoisting activities resumed on June 23 and production has returned to normal levels at the mine, located in the town of Snow Lake in Manitoba, the company said in a statement.
The fatality at Lalor mine occurred when a worker employed by a service provider was fatally injured from a fall while working at a height.
(By Juby Babu; Editing by Sherry Jacob-Phillips)
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