UK Serious Fraud Office drops investigations into Rio Tinto and ENRC
The decision to drop multiple high-stake investigations comes after SFO director Lisa Osofsky prepares to step down from the agency in September.
28 August 2023
28 August 2023
The decision to drop multiple high-stake investigations comes after SFO director Lisa Osofsky prepares to step down from the agency in September.
Metals trader Kataman allegedly paid $3.3bn for a New Alloys nickel shipment, which turned out to be steel waste.
The La Granja copper project has indicated and inferred mineral resources of about 4.32 billion tonnes of 0.51% copper.
The Córrego do Sítio mine has consistently reported difficult operational performance as a result of low production and high costs.
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AI enables mining companies to use autonomous machinery and data to improve efficiency and productivity and reduce downtime. Autonomous machinery can also reduce the requirement for on-site workers, thereby removing them from potential hazards and improving safety. Although it may not be the cheapest technology, with AI, miners can use sensors, real-time data, and analytics to understand when changes in factors such as temperature and vibrations can lead to danger, thereby improving safety measures.
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