Europe’s biggest zinc producer exploring total exit from miningThe company has already suspended operations at its Mexico’s Campo Morado (pictured) and Canada’s Myra Falls mines. Debt-laden European zinc producer Nyrstar (EBR:NYR) said Monday it plans to raise up to...
BHP Billiton hits seven-year low in wake of Brazil disaster Shares in BHP Billiton (ASX:BHP) fell sharply on Sydney Monday, touching a seven-year low, as the mining giant took an additional hit from the tailings dam disaster at the...
Export Development Canada (EDC), one of the largest export credit agencies in the world, expects exports to pick up next year, basing such bullish prediction on the theory that dropping commodity prices — combined with the effect of quantitative...
Kinross said its Q3 revenue came in $80.4 million compared to $947.5 million in Q3 2014 mostly due to lower gold prices. Production was down slightly, 680,679 gold equivalent ounces (Au eq. oz.) compared with 693,818 ounces in Q3...
A week after the Samarco's tailings dam collapsed sending a wall of water and mud into villages killing six and leaving 21 more unaccounted for, the CEOs for BHP Billiton and Vale toured the site. Vale and BHP Billiton...
Oban Mining Corporation (TSX:OBM) ("Oban") has agreed to acquire 4,930,000 common shares ("MEK Shares") in the capital of Metals Creek Resources Corp. ("Metals Creek") for total consideration of approximately $346,850, of which (i) 1,760,000 MEK Shares will be acquired...
Barrick Gold sells four US mines for $720 millionThe Bald Mountain open-pit gold mine is just one of the assets Barrick is unloading. (Image courtesy of Barrick Gold) Canada’s Barrick Gold (TSX, NYSE:ABX), the world's biggest gold producer, is...
