Asia

CNMC’s Carbon-in-Leach Plant Starts Trial Operation CNMC Goldmine Holdings Ltd. confirmed that its newly constructed carbon-in-leach (CIL) plant is in the process of conducting trial operation,...
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Africa

Acacia Agrees to Pay Tanzania $300M By Gavin du Venage, South African Editor Acacia Mining has blinked in its dispute with the Tanzania government, which does not bode well for other miners facing a...
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Latin America

Argonaut Acquires Cerro del Gallo Project in Mexico Argonaut Gold has reached an agreement with Primero Mining Corp. to obtain the Cerro del Gallo (CDG) project through the purchase of all the...
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Leading Developments

Turquoise Hill has declared force majeure at one of the world’s largest copper-gold mines, Oyu Tolgoi in Mongolia, following a protest by Chinese coal transporters in the area of the Ganqimaodu...

US & Canada

QIO to Restart Bloom Lake Quebec Iron Ore (QIO) has confirmed the March 2018 restart of the Bloom Lake iron ore mine located near Fermont, Quebec. After acquiring Bloom Lake in April 2016, QIO...
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Europe

Boliden: Mine Production Attains Record Level Boliden’s first quarter report was characterized by strong levels of mined production and stable production at the copper smelters. “The metal prices...
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Freeport-McMoRan Copper & Gold Inc.’s Indonesian subsidiary declared a day of mourning after a cave-in at its massive Grasberg complex killed 28, prompting the mine’s closure along with a sweeping review of all Indonesia’s mining operations. The 28 deaths took place after a collapse at an underground classroom on May 14. Ten people were rescued and all of the dead have been recovered.

Memorial services have been held at PT Freeport Indonesia’s Jakarta office and its site—the world’s No. 2 copper mine—in remote West Papua. “We continue to grieve with the families even as we close this grim chapter,” Freeport Indonesia Director Rozik Soetjipto said in an emailed statement, according to Bloomberg News. “There is still much to do for us to provide the best care and support for the injured and the families of the bereaved.”

The Phoenix-based Freeport extracts 19% of its copper production and 90% of its gold output from its massive Indonesian mines, which are visible, unenhanced, from outer space.

Freeport CEO Richard Adkerson, who was on site, pledged due diligence to understand the mine’s integrity. “We had no concerns or fears about its safety, so that’s why we need to understand why this happened,” he said. “We’re undertaking a review of all of our underground activities right now. It’s our responsibility. There will be an independent review, and we will cooperate with it.”

Indonesian President Susilo Bambang Yudhoyono ordered a safety review of all mines in Indonesia—open pit and underground—while Mining Ministry Director Thamrin Sihite called the latest incident “one of the worst accidents in Indonesia.” The archipelago’s most recent comparable disaster took place when a 2009 West Sumatra coal mine blast claimed 31 lives.

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