Wednesday, October 1, 2014

Anglo's Brazil iron mine a go, Barrick abandons El Sauzal, Glencore in Zambia stoppage

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Mining News Digest
Thursday 2 October 2014
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The company was granted final permits for its long-delayed and three times more expensive than originally expected Minas Rio iron ore project.

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Gold prices are down, but the prospects for fully funded development stories are up.

Local press is reporting the miner has already abandoned the operation, which was in its last year of active mine life.

In the official opening the firm said it expected to start shipping from Sierra Gorda in November

Expected to boost sales of Apple's full-size tablets, which are in decline.

Revoking the ban would have resulted in the development of 26 new uranium mines and 700 uranium exploration projects.

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At the 2014 Hong Kong Gem & Jewellery Fair.

The standoff marks a major setback for the miner, which is in the process of upgrading its copper assets in Zambia hoping to increase output by at least 50% by 2017.

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The military actions that the UK has committed herself to conduct will have a low probability of achieving the stated objective of "degrading and destroying" ISIL.

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