 |
Chilean court revokes Barrick’s Pascua-Lama $16-million fine, but orders new ones |
| March 06, 2014 17:49 | |
| Satellite view of the project area showing the Pascua-Lama open pit in red. (Wikimedia Commons) In a surprising move late Monday, a Chilean court revoked the environmental watchdog’s (SMA) decision of imposing Barrick Gold (TSX, NYSE:ABX) the maximum fine possible for violations at the now shelved Pascua Lama project. The resolution, however, not only orders the Toronto-based to keep operations halted, but also brings new challenges to Barrick. This because instead of turning a blind eye... |
 |
Worker dies at AngloGold Ashanti mine in South Africa |
| March 06, 2014 17:41 | |
| A worker at AngloGold Ashanti’s (NYSE:AU) Mponeng mine, in South Africa, has died Tuesday as a consequence of a heavy equipment incident, adding to the tragic list of fatalities so far this year. While no more details have been disclosed, the company did say the deceased was an electrician and that a full on-site investigation is underway. Last month, more than 20 workers —both legal and illegal— were killed underground. Early in February, nine people died after a rockfall triggered a fire... |
 |
Fresh signs of imminent Oyu Tolgoi deal between Rio Tinto and Mongolia |
| March 06, 2014 17:37 | |
| Oyu Tolgoi | Image from Oyu Tolgoi LLC Facebook gallery. The long-dragged dispute between Rio Tinto (ASX, LON, NYSE:RIO) and the Mongolian government over a $6.6 billion underground expansion of Oyu Tolgoi, the Anglo-Australian giant’s massive copper-gold mine in Mongolia, seems to be finally coming to an end. The Sydney Morning Herald reports one of the company’s contractors has began advertising for workers on what appears to be the famous mine. According to the paper, engineering... |
 |
Workers strike at Kinross' Chile mine, operations suspended |
| March 06, 2014 17:33 | |
| Workers at Kinross Gold's (NYSE:KGC) Maricunga mine in Chile are on strike after failing to reach a new collective agreement with the company, Kinross announced Wednesday evening. Mining operations at the site have been suspended while the heap leach facility and processing plant will keep running for environmental compliance reasons. The company has no predictions as to when the strike may end or how production will be impacted. Maricunga is one of Kinross' four Chilean properties, and is... |
Exchange Rate
Foreign shares
| New York Stock Exchange | ||
| Name | Closing | Changes |
| BHP Billiton Ivanhoe Mines |
90.53 23.3 |
1.44 0.00 |
| Australian Stock Exchange | ||
| Name | Closing | Changes |
| General Mining Corp Aspire Mining Limited |
0.145 0.52 |
0.00 -0.02 |
| London Stock Exchange | ||
| Name | Closing | Changes |
| Petro Matd Limited polo Resources Limited |
123.5 5.4 |
0.00 0.02 |
| Hong Kong Stock Exchange | ||
| Name | Closing | Changes |
| Mongolian Mining Corporation Mongolia Energy |
9.59 1.14 |
0.00 -0.06 |
| Toronto Stock Exchange | ||
Metal exchange rates
dddddddddddddddddd
Coal price data
Ord.mn Mongolian National Mining Information Portal
All rights reserved copyright © 2013
All rights reserved copyright © 2013
