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Mining giant BHP Billiton on Thursday asked South Australia state for a 46-month extension to the approval of its Olympic Dam project expansion, which was shelved last month on cost concerns.
Canada dropped Friday its longtime opposition to global restrictions on asbestos, dealing a blow to the country's dying mining industry of the fire-resistant substance.
Mining tycoon Gina Rinehart on Wednesday warned Australia was becoming too expensive for multinational companies who could source workers for two dollars a day in Africa.
Australia's Resources Minister declared the mining boom "over" following BHP Billiton's decision to delay the massive Olympic Dam project as commodities prices sag.
Australia's mining boom will slow more sharply than expected and could be over within two years due to easing demand from China and falling prices.
The South American country of Guyana said Friday it had suspended the granting of new permits to mine for gold and diamonds in rivers because of concerns over widespread pollution.
Kazakhstan Association of Mining and Metallurgical Companies has asks to give new companies time until they get on their feet.
Mr. Kim has been heading the Board since the Company floated its shares in London back in 2005.
Kazakhstan is going to cut administrative barriers and simplify approval procedures related to obtaining subsoil use rights.
Hambledon Mining acquired 100 percent of Kazakhstan’s Akmola Gold that has two gold-mining projects at the territory of Kazakhstan.
Forum participants are representatives of the governmental authorities of Kazakhstan and foreign countries, directors of large industrial enterprises, international investors, industrial association, scientists and researchers in the sphere of mining and metallurgy and many others.
Aleksandr Mashkevich told about the projects financed by of Eurasian National Resources Corporation in Kazakhstan.
Trade unions of miners working in ArcelorMittal transnational corporation in Kazakhstan and Ukraine have signed a cooperation agreement.
There was a fire in Kostenko mine owned by ArcelorMittal Temirtau. 319 people had to be evacuated.
Summer Gold will pay $5.1 million to Kyrgyzstan for delays in construction of a gold plant. Kyrgyz government intentionally hindered construction, the company says.
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