- Our Work
- Mining Monitor
The National | May 2nd, 2016 LIHIR gold mine in New Ireland has a potential mine life of more than 30 years based on current gold reserves, mine general manager Craig Jetson says. He told a recent stakeholders meeting that an optimisation plan known as the “Lihir Pit Optimisation Plan” would set the pace of the mine’s operations into the future. [ 284 more words. ] https://ramumine.wordpress.com/2016/05/05/lihir-plans-to-optimise-mine-operations/
EXCLUSIVE: The opaque financial ties that link a UK property magnate to a proposed South African titanium mine, whose leading opponent was recently murdered. Whether or not the mining company holds any direct responsibility for the violence, it is important for them - and their shareholders - to recognise there may well be indirect consequences of their proposed operations in the community, in terms of fueling or sparking conflict between those who support or oppose the mine. As the biggest shareholder in Australian mining firm, MRC, Graham Edwards has considerable influence in how the company responds to the violence surrounding the Xolobeni mine. Join the picket at Graham Edwards' Telereal Trillium London offices tomorrow (Thursday) w/ the The Gaia Foundation, Marikana Solidarity campaign, War on Want and London Mining Network. EVENT LINK: https://www.facebook.com/events/106341719775315/permalink/113770812365739/
"BHP Billiton shares lost 9.36 per cent after the company told the market it is facing a massive compensation case over the Samarco mine disaster in Brazil."
Big losses in resources stocks dragged the Australian share market down, erasing most gains from the previous day.