The military coup in July led the U.S. to suspend government funding for Dasa, but the company raised C$15 million in January.
The company calls this project one of the world’s largest undeveloped copper projects.
The investment, according to SQM, goes hand-in-hand with its ongoing drive to improve efficiency and reduce its environmental impact as part of its sustainability goals.
A report found that the amount set aside by Teck is inadequate to mitigate selenium contamination.
The Japanese trading house expects to integrate its refined copper business onto the MineHub platform starting with key customers in the Asian market.
The incident adds to the list of fatalities reported at the Kainantu mine over the past year.
Most of the existing coal, conventional gas and oil energy should remain on the ground to limit the increase in global average temperature to 1.5°C, a new study shows.
The legal action in the Netherlands is being pursued by 77,000 claimants represented by law firms Pogust Goodhead and Lemstra Van der Korst.
Construction of a second concentrator at the copper mine will add 144,000 tonnes a year to the company’s overall production.
The Barrick Academy will be training more than 2,000 foremen, supervisors and superintendents from the Africa and Middle East region in the next 24 months.
