SYDNEY, AUSTRALIA--(Marketwired - Nov. 16, 2015) - Intrepid Mines Limited (ASX:IAU) ("Intrepid" or the "Company") is pleased to provide an update on drilling at the Mumbwa Project in west-central Zambia. Assays from drilling on Target H have delivered further encouraging results. Results from Kantonga, Kitumba and Target J are also presented here. Highlights from Target H HDD_004 include: 51 metres at 0.91% copper and 0.32 g/t gold from 229 metres including: 23 metres at 1.60% copper and 0.58 g/t gold from 233 metres 20 metres at 0.48% copper and 0.21 g/t gold from 308 metres. 4 rigs, 3 diamond rigs and RC rig, are currently operating with approximately 10,700 metres of drilling having been...
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Intrepid Mines Limited: Mumbwa Project - Target H Delivers Further Encouraging Copper and Gold Results
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From Australia to Zambia, slowing China economy causes pain
China's economic troubles have dropped on the doorstep of a sun-weathered house at 18 Edgar St. in Port Hedland on Australia's northwest coast. Four years ago, the 50-year-old home, fabricated from cheap asbestos cement, sold for the equivalent of $1.3 million. It's now for sale again — recently priced at $310,000. What happened to $1 million in home equity? It vanished down the China sinkhole. From Australia to Zambia, Chile to Indonesia, the pain of China's sharp economic slowdown is being felt in the form of depressed commodity prices, elevated unemployment and shrunken home prices in towns like Port Hedland that once thrived from supplying materials to Chinese factories. China's...
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KCM Still Owed U.S $10 Million in VAT Returns, Refuses to Disclose Jobs to Be Lost
[Zambian Watchdog] Konkola Copper Mines (KCM) is still owed over US$10,000, 000 in outstanding Value Added Tax (VAT) returns dating back to August 2013. ......
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KCM in U.S.$60 Million Tax Refund
[Times of Zambia] KONKOLA Copper Mines (KCM) has between March and August, 2015 received US$60 million Value Added Tax (VAT) refunds from the Government. ......
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Govt Pays KCM Tax Debt in Installment
[Zambia Reports] Government has gone some steps in paying the Value Added Tax refund arrears for mining firms with Konkola Copper Mines confirming it has received six months payment. ......
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Wyden, Udall, Heinrich, Bennet, Markey Introduce Bill to Ensure Hardrock Mining Companies Pay Their Fair ...
(Source: Ron Wyden) Thursday, November 5, 2015 Washington, D.C. – Today, U.S. Senators Ron Wyden, D-Ore., Tom Udall, D-N.M., Martin Heinrich, D-N.M., Michael Bennet, D-Colo., and Edward J. Markey, D-Mass., introduced legislation to reform the nation's antiquated hardrock mining laws. The Hardrock Mining and Reclamation Act of 2015 will ensure mining companies pay royalties for the privilege of extracting mineral resources from public lands. The bill helps ensure that taxpayers aren't on the hook for cleaning up abandoned mines, many of which are continuously leaking toxic chemicals into rivers and streams and have the potential for catastrophic disasters. Oregon has almost 700 abandoned mine...
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Katanga Mining Announces Third Quarter 2015 Results (Katanga Mining Limited)
(Source: Katanga Mining Limited) 282dfabf-3ba3-49a7-a52b-ea5cd2e62053.pdf No. 11/2015 News release KATANGA MINING ANNOUNCES THIRD QUARTER 2015 RESULTS BAAR, SWITZERLAND, November 13, 2015 - Katanga Mining Limited (TSX: KAT) ('Katanga' or the 'Company') today announces its financial results for the third quarter of 2015. Katanga's Financial Statements and Management's Discussion and Analysis will be filed on SEDAR, www.sedar.com. Three months ended Nine months ended Sep 30, Jun 30, Sep 30, Sep 30, 2015 2015 2014 2015 2014 Highlights during the three and nine months ended September 30, 2015, and Outlook Financial Realized copper price $/lb 2.03 2.52 3.09 2.35 3.07 Realized cobalt price $/lb...
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The Leading Role of the Asia-Pacific In Meeting Global Economic Challenges (Ministry of Foreign Affairs ...
(Source: Ministry of Foreign Affairs of the People's Republic of China) Keynote Speech by H.E. Xi Jinping President of the People's Republic of China At the APEC CEO Summit Manila, 18 November 2015 Chairman Tony Tan Caktiong, Business leaders from the Asia-Pacific, Ladies and Gentlemen, Friends, Good morning! I am delighted to meet all of you again. Last November, we gathered in Beijing to explore the ways and means to advance Asia-Pacific economic cooperation. That meeting is still fresh in my memory. APEC is not only the most important economic and trade forum in our region, but also the multilateral cooperation platform in which Asia-Pacific business communities are most deeply involved....
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Fact Sheet: 23rd Annual APEC Economic Leaders’ Meeting (President of the United States)
(Source: President of the United States) President Barack Obama met with Leaders of the Asia-Pacific Economic Cooperation (APEC) forum in Manila to adopt a set of ambitious initiatives under this year's theme of 'Building Inclusive Economies, Building a Better World.' Now in its 26th year, APEC has contributed to a tremendous rise in economic prosperity that directly benefits approximately 40 percent of the global population who live in APEC economies. Since APEC's establishment in 1989, members have seen a ten percentage point reduction in their average applied tariff rate, trade grow to $20 trillion, and their collective GDP rise to 58 percent of the global total. Under the chairmanship of...
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Furukawa Electric Receives President's Award from the Japan Industrial Safety & Health Association - Safety ...
(Source: Furukawa Electric Co Ltd) October 29, 2015 Furukawa Electric Co., Ltd. has been awarded the 2015 FY President's Award and has received a certificate of commendation from the Japan Industrial Safety & Health Association. Based on its philosophy of 'Safety First(Note 1),' the entire Furukawa Electric Group was highly praised for its efforts over many years to promote safety and health activities, and for its remarkable results that serve as examples for other companies. Background The Japan Industrial Safety & Health Association (JISHA) is a special privately-owned corporation, founded in 1964 with the goal of improving safety and health and eliminating industrial accidents, through...
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Korea’s future prosperity depends on improving relevance of education and skills to labour market (OECD ...
(Source: OECD - Organisation for Economic Co-operation and Development) 05/11/2015 - While Korea has seen strong economic growth and an impressive rise of skill levels over the past decades, further action is needed to improve the labour market relevance of education, remove barriers to employment and raise productivity levels in Korea, according to a new OECD report. The OECD Skills Strategy Diagnostic Report - Korea offers a timely assessment of the country's top skills challenges and provides a sound basis for designing an effective national skills strategy to boost the development,...
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Minister Flanagan Welcomes 300 Key Influencers from 29 Countries to 2015 Global Irish Economic Forum ...
(Source: Department of Foreign Affairs and Trade of Ireland) 19/11/15 The Minister for Foreign Affairs and Trade, Mr Charlie Flanagan T.D., will welcome 300 key influencers from 29 countries to the 2015 Global Irish Economic Forum taking place in Dublin Castle this Friday and Saturday (20-21 November). An important element in Ireland's economic recovery, the Forum has generated job-creating initiatives, deepened links with the global Irish diaspora and helped to restore our international reputation. Speaking in advance of this year's Forum, Minister Flanagan said: 'As we move...
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Superior Copper Initiates Additional Drilling at The Superior Project (Superior Copper Corporation)
(Source: Superior Copper Corporation) Superior Copper Corporation ('Superior Copper' or 'the Company') has initiated an exploration program at its 100% owned Superior Project, located adjacent to the TransCanada Highway, 85 kilometers north of Sault Ste. Marie, Ontario. The program is designed to test a new structural/alteration model, developed over the last 6 months after a thorough review of available exploration data and reconnaissance mapping carried out during the summer months. Exploration Thesis The location and geometry of many mineralized zones are strongly controlled by structures that provide pathways for metal-rich fluids. The intensity of hydrothermal alteration related to...
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China coal mine blaze kills 21 workers
A late-night fire at a coal mine killed 21 people and left one missing in China's northeastern province of Heilongjiang. State-run Xinhua news agency said...
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Economist Saul Eslake says the mining boom may be the last ever
The final commodities boom in "human history" may have just finished, according to prominent economist Saul Eslake. In a gloomy opening to the International Mining and Resources Conference in Melbourne on Tuesday, Mr Eslake said the downturn in mineral commodity prices had probably not reached its nadir, and there was little prospect of the recent China boom being repeated in the future. While the mining industry often touts the future...
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Outotec initiates EUR 70 million program to adapt its cost structure to the weakened market situation
OUTOTEC OYJ STOCK EXCHANGE RELEASE NOVEMBER 20, 2015 at 9:00 AM Outotec initiates EUR 70 million program to adapt its cost structure to the weakened market situation The market situation in the mining and metals industry has further weakened during the recent months. Outotec's current cost savings program will continue, but it will not be sufficient...
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Senior Managers of Porgera Gold Mine Visit Zijinshan Copper Mine (Zijin Mining Group Company Ltd) ...
(Source: Zijin Mining Group Company Ltd) On November 13th and 14th, Damian Shaw, the Deputy General Manager Operations of Porgera Mine in Papua New...
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Zambian President Meets Mine Unions as Industry Bleeds Jobs
Zambian President Edgar Lungu will meet with mining unions Friday as Glencore Plc’s local unit cuts more than 7,000 jobs and four other producers also intend to reduce their workforce. Lungu called the...
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Major Phoenix-based mining company joins IMAGE program (ICE - US Immigration and Customs Enforcement)
(Source: ICE - US Immigration and Customs Enforcement) PHOENIX - A Phoenix-based mining company Thursday became the newest employer to join U.S. Immigration and Customs Enforcement's (ICE) IMAGE program, which is designed to strengthen hiring practices and reduce unauthorized employment. Freeport-McMoRan, the world's largest publicly traded copper, molybdenum, oil and natural gas producer, boasts a workforce of some 80,000 employees and contractors. The company operates seven regional copper mines - five in Arizona and two in New Mexico....
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Intrepid Mines Limited: Mumbwa Project - Target H Delivers Further Encouraging Copper and Gold Results
SYDNEY, AUSTRALIA--(Marketwired - Nov. 16, 2015) - Intrepid Mines Limited (ASX:IAU) ("Intrepid" or the "Company") is pleased to provide an update on drilling at the Mumbwa Project in west-central Zambia. Assays from drilling on Target H have delivered further encouraging results. Results from Kantonga, Kitumba and Target J are also presented here. Highlights from Target H HDD_004 include: 51 metres at 0.91% copper and 0.32 g/t gold from 229 metres including: 23 metres at 1.60% copper and 0.58 g/t gold from 233 metres 20 metres at 0.48% copper and 0.21 g/t gold from 308 metres. 4 rigs, 3 diamond rigs and RC rig, are currently operating with approximately 10,700 metres of drilling having been...
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