Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) has commenced resource expansion drilling at its 100-per-cent-owned Fenelon gold mine property in Quebec.
Arizona Mining (TSX:AZ) has released the results of three exploration drill holes from its current program on the Taylor zinc-lead-silver sulphide deposit located on its 100-per-cent-owned Hermosa project in Santa Cruz county, Arizona. This brings the total number of drill holes reported in the 2016-2017 program to seventy (70). The
Vale (NYSE:VALE) reported this week that it will withdraw from the Hong Kong Stock Exchange.
As per the company’s website:
Vale informs that the Hong Kong Stock Exchange (HKEx) approved the withdrawal of Vale´s HDRs listing from the Stock Exchange. The withdrawal will become effective at 9:00 am (Hong Kong time) on
BHP Billiton (NYSE:BHP) reported that itself, Samarco and Vale (NYSE:VALE) are facing a US$43 million claim in relation to the tailings dam failure and Samarco’s iron ore operation in Brazil last November.
As quoted in the press release:
BHP Billiton has not received formal notice of the claim.
BHP Billiton remains committed to
Reuters reported that the Brazilian government won’t allow operations to resume at the Samarco mine until tailings leaks are stopped. The mine is jointly owned by Vale SA (NYSE:VALE) and BHP Billiton Ltd. (ASX:BHP,LSE:BLT,NYSE:BHP).
Reuters reported that the Brazil-based Samarco iron ore mine, whose tailings dam burst last year, killing 19 people, will restart production by the start of Q4 2016. Samarco is a joint venture between Vale SA (NYSE:VALE) and BHP Billiton (ASX:BHP,LSE:BLT,NYSE:BHP).
Fortescue Metals Group Ltd. (ASX:FMG) announced that it’s entered into a non-binding memorandum of understanding (MOU) with Vale SA (NYSE:VALE).