OceanaGold Corp. reported an updated mineral resource estimate for the Martha Underground Project at the company’s Waihi Gold Mine located in New Zealand.
In contrast to its high demand for metals and minerals, Japan’s domestic industrial production is almost negligible, and has been collapsing over the last two decades. The country’s Metal Mining Agency (MMA) reported that between 1970 and 2001, the number of operating mines fell from 246 to 14, and the number of people employed in the mining sector fell from 34,000 people to just 405 over this period.
Rio Tinto is working with the Mongolian government to ensure Oyu Tolgoi is operating in accordance with the restrictions authorities have put in place to contain the spread of COVID-19.
Philippine Environment and Natural Resources Undersecretary for Climate Change and Mining Concerns Analiza Teh said the potential of the mining sector to be in the forefront of economic development in that country “has yet to be completely realized.” Teh spoke at the opening of a three-day Mining Conference held at Sofitel Philippine Plaza in Pasay City.