Harmony Gold project granted ‘Prescribed Project’ status

Harmony Gold said the Queensland government has declared its Eva copper mine project as a “Prescribed Project,” in recognition of its social and economic significance to the state’s North West region. The designation will support the coordination of approval processes required for the project, which is located on traditional lands of the Kalkadoon People, 75 kilometres north of Cloncurry. Harmony…

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Rio Tinto, First Quantum team up to advance La Granja

Rio Tinto has inked a joint venture agreement to progress development of one of the world’s largest undeveloped copper deposits, the La Granja copper project in Peru. Under the proposed transaction, First Quantum will acquire a 55% stake in the project for $105 million. It will also further invest up to $546 million into the JV for capital and operational…

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Belo Sun’s Volta Grande suffers setback

Canadian miner Belo Sun Mining has received another setback to its Volta Grande gold project in the Pará state of Brazil: the interim suspension of its construction and environmental licenses. A judge with the Agrarian Court of Altamira has suspended the licenses until a socio-environmental study of the riverside peoples, at a minimum distance of 10 kilometers from the project,…

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