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Southern Arc to raise funds

Southern Arc Minerals has negotiated the terms of a non-brokered private placement to raise up to C$1 million through the sale of up to...

Gold advanced during 2015 in most major currencies

Sentiment towards gold has been so bearish lately that you might think the yellow metal declined by 50% or more during 2015. In fact,...

Metso cutting 44 jobs from minerals division in Finland

Metso cutting 44 jobs from minerals division in FinlandMetso is is attempting to streamline its business to drive growth and weather the downturn in...

China rings in 2016 with a stock market crash

Global stock markets fell Monday as worries over China's economy and instability in the Middle East combined to scare investors. Chinese bourses tumbled 6.9%...

Mining projects worth $56 billion to come on stream in Peru beginning 2016

Mining projects worth $56 billion to come on stream in PeruMMG’s gigantic Las Bambas mine is the largest China-backed mining projects scheduled to come...

Former Aussie coal magnate Nathan Tinkler buys Anglo American mine

Nathan Tinkler was once Australia's youngest billionaire, but lost it all when coal prices crumbled. (Image from archives) Australian electrician turned mining entrepreneur, Nathan...

Gold on track to record third-straight annual loss

Source: Kitco Metals Live Charts. Gold prices were mostly trading in negative territory Wednesday morning in the U.S. amid light volumes and weak oil...

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