Weak uranium market and new Tanzania’s regulations named the main culprits.
2016 highlights: a year of breakthroughs and setbacks
Only three of the world's largest gold producers managed to lift output in 2016 – Barrick loses 600,000 ounces of annual production but slashes costs.
While the copper market is gaining momentum, it is a good time to look at the copper mining champions in terms of copper grade in ore reserves.
Readers may be surprised to learn that precious metals mines are well behind two uranium cash cows.
Zinc is the best performing metal of 2016.
Recent string of high-grade high-tonnage discoveries reestablishes Saskatchewan as the world’s richest and biggest uranium jurisdiction
Combined output topped 30 million ounces in 2015.
These high-grade mines will soon start competing with gold mining's industry leaders.
25-fold investment jump in less than a decade. That's how fast China's gaining control over Africa’s mining industry. And Beijing's only pushing harder now.
Number five is a single pit that produces 77 million tonnes of iron ore per year.
New techniques for tailings treatment and sulfide ore recovery will see low-cost environmentally friendly heap leaching take another giant leap forward.
Canadian mine takes top honours but Russia and USA dominate the rankings.
Together these giant gold operations produce more than 10 million ounces per year.
China is the globe's top mining country, but its alarming reserves-to-production ratio is forcing domestic miners to hunt for deals in the rest of the world.
Russia took control over 20% of US uranium after Uranium One’s associates made lavish contributions to Clinton Foundation
The sale gave the Russians control of one-fifth of all uranium production capacity in the United States.
In 2014, nine out of top 10 gold producers achieved significant reductions in all-in sustaining production costs, but average cash margin fell victim to bearish gold price.
Number one Barrick Gold's output drops in 2014, but fellow Canadian firm Agnico Eagle adds 30% to production ounces.
Output at Canadian gold mines surged 29% last year, surpassing South Africa for the first time in history. US production dives more than 8%.
Two large cities in Russia's Perm region sit on potash mines worked for the past 70 years that cause sudden surface subsidences and sinkholes 400m across.
Giant sinkhole opens up in between summer cottages near Uralkali's Solikamsk-2 potash mine.
With the announced capacity of 18 million pounds U308 per year, Cigar Lake will only marginally lag behind the world’s biggest uranium mine, the McArthur River in Saskatchewan.
About 300 workers, including mine staff and contractor employees, picketed at Langer Heinrich Uranium (LHU) mine last Thursday over pay and treatment by their employer.
Somair is the fourth largest uranium mine worldwide.
Officials claim the start of the project is not clear.