SAFETY & TRAINING IT IS one of the biggest challenges facing mine sites - how can we increase productivity without compromising safety or increasing cost? Immersive Technologies, a leader in mining training solutions, says compelling results prove putting more...
Brazilian tycoon Eike Batista's fortune topped out at an eye-watering $32.8bn in April 2012 when his oil and gas firm OGX's first wells went into production and his coal, iron ore, shipping and many other ventures were humming along....
McEwen Mining (NYSE:MUX)(TSX:MUX) on Tuesday reported an armed robbery at its El Gallo 1 mine in Sinaloa, Mexico. According to a statement an estimated 900 kilograms of gold-bearing concentrate containing approximately 7,000 ounces of gold were stolen from...
Barrick Gold wants to reduce debt of roughly $10 billion by almost a third this year and talks to sell two gold mines – Cowal in Australia and Porgera in Papua New Guinea – are at and advanced stage....
Brazil Minerals (OTCBB: BMIX) mined a 4.01 carats diamond, it's largest to date. The company said the gem has good appearance with the ability to yield high colour and clarity grades. The company plans to cut and polish...
Mining top executives are much gloomier about the current economic outlook than their counterparts in other industries, as the ongoing slump in key commodities, from iron ore to copper, continues to impact their business decisions. CEOs however remain...
Chile's Supreme Court has declined to hear Barrick Gold’s (TSX, NYSE:ABX) appeal of a lower court's decision involving fines imposed on its now shelved $8.5 billion Pascua Lama gold-silver project by the country's environmental regulator, the company said....
