Suncor Offers Update on Fort Hills

The Fort Hills project was more than 76% complete at the end of the fourth quarter of 2016, Suncor reported, with the remaining work to be based at site. Activity in the period included completion of the secondary extraction module program; construction in secondary extraction and utilities has achieved peak activity and continues to focus on productivity and achieving critical milestones. Early-works sustaining activities that will support the execution of the mine and tailings plan following the commencement of production also continued in the fourth quarter.

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Volunteers Needed for Boy Scout Jamboree in West Virginia

In 2014, the Society of Mining Engineers (SME) partnered with Boy Scouts of America (BSA) and successfully launched the Mining in Society Merit Badge. They need help continuing to educate Scouts and creating interest in the mining sector and related industries. In July, the Summit Bechtel Reserve in Glen Jean, West Virginia, will host more than 40,000 Scouts, Venturers and leaders from around the nation, and SME is participating with a Mining in Society merit badge booth. The Jamboree takes place every four years and they need help in two areas: volunteers and financial donations. 

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Paris Court of Appeal Decides in Favor of Gold Reserve

Gold Reserve announced on February 7 that the Paris Court of Appeal rejected all of Venezuela’s arguments and issued a judgment dismissing the annulment applications filed by Venezuela pending before the French courts in relation to the arbitral award dated September 22, 2014, rendered by the International Centre for Settlement of Investment Disputes, against the Bolivarian Republic of Venezuela. 

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Escondida Goes On Strike

Workers at Minera Escondida, the largest copper mine in the world, producing nearly 20% of Chile’s total copper output, went on strike on Thursday. Escondida is operated by Anglo-Australian BHP Billiton and its main facilities are located in Antofagasta.

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