Argentina, Canada Sign Agreement to Start Mining Sustainability Program

Canadian Prime Minister Justin Tradeu recently visited Argentina, and mining was one of the key issues discussed. He stressed the importance of having a responsible and transparent mining industry. He pointed out his commitment to incentivize international cooperation to guarantee that mining is developed in accordance with the highest quality standards. He signed an agreement with Argentina that implements the program “TSM-Sustainable Mining,” which establishes several parameters and control stages, involving both company's internal staff and community boards. 

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Tahoe Resources Achieves Record Silver, Gold Production in 2016

Tahoe Resources reported record production levels of 21.3 million ounces (oz) of silver and 385,111 oz of gold in 2016, including more than 200,000 oz of gold from the La Arena mine and a little less than 122,000 oz of gold from its Canadian operations, which were acquired in April. 

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BHP Billiton, Vale Set Deadline for Samarco Disaster Claims

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Mud coming from the rupture of dams in Samarco mining in Mariana, Minas Gerais, flowed into the waters of the Doce river in Governador Valadares, on November 11, 2015. Photo: GABRIELA BILO/ESTADAO CONTEUD

BHP Billiton and Vale have until June 30 to settle the largest civil claim stemming from its joint venture Samarco’s dam disaster in Brazil that occurred on November 5, 2015. The companies entered into a preliminary agreement with the federal prosecutor’s office in Brazil to negotiate a settlement of the $47.5 billion claim. 

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