Intense Scrutiny and Hostility

At the same time, North Korea is shunned by much of the global community. Its human rights record is the subject of constant scrutiny. Not surprising then, that the announcement of the Jongju discovery has brought intense scrutiny, and with it suspicion and even outright hostility by some North Korea watchers.

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Construction Starts at Kiziltepe Gold Mine in Western Turkey

Ariana Resources reported in early September that mine construction has begun at the Kiziltepe gold project on the joint-venture Red Rabbit property in western Turkey. Proccea Construction Co. is Ariana’s partner in the project and is managing construction. The companies anticipate that the mine will pour its first gold in the second half of 2016. Production is planned to average 20,000 ounces per year (oz/y) of gold.

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Court Orders Auction of Iron Mines in India’s Karnataka Province

India’s Supreme Court has ordered that 15 iron ore mines in the southern province of Karnataka be put up for auction and that the process be completed within eight months. The court order would impact even those mines that had restarted production in 2013 after the court had imposed a two-year ban on mining operations in the province. The resumption of mining was on condition of a cap in total production of 30 million metric tons per year (mt/y).

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