Barely 24 hours after Rio Tinto-controlled Turquoise Hill (TSE:TRQ) got the go-ahead for the long-delayed expansion of the massive copper-gold Oyu Tolgoi mine, the Asian country authorities have struck again. This time, the parliament has decided to cancel a...
Chile, the world’s largest copper producer and exporter, will mine this year less of the red metal than previously anticipated, with estimations dropping from 6.0 million to 5.94 million tonnes, the state copper commission Cochilco said. In its...
Shares in Roxgold Inc (CVE:ROG) held onto recent gains on Tuesday after the company announced construction has gotten underway at its ultra-high grade Yaramoko project in Burkina Faso. The Toronto-based junior was changing hands at $0.60, up more...
After weeks of relentless selling the spot price of iron ore regained its footing on Tuesday on the same day the decline in the value of the steelmaking material claimed one of its most high-profile victim. The 62%...
South Africa’s Harmony Gold (JSE:HAR) (NYSE:HMY) announced Tuesday that an employee was fatally injured in an engineering related accident while performing maintenance work at Unisel mine near Welkom on Saturday, April 4. The company said production at the...
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...
