Canada's biggest bank is suing former client Crew Gold over a fee the lender claims it should have been paid by the mining company.
Europe Mining News
They are looking into a dividend paid by Kumtor to Centerra in 2013, which the miner says complied with the country's laws and 2009 agreements governing the project.
The niobium and phosphates division, which consists of mines, plants, processing facilities, chemical complexes and deposits, was one of Anglo’s more profitable businesses.
Moody's upgrades Alrosa credit, praising Russian firm's low-cost reserve base, technical mining expertise, solid liquidity and conservative financial policy.
Current oil oversupply could reverse within 20 years as low oil prices have forced pricers to slash spending on exploration and production, a report by Wood Mackenzie shows.
Jinfeng produced 149,655 ounces of gold in 2015 and is expected to generate 95,000-105,000 ounces of gold this year.
NWR warned that unless the government and creditors agree on the firm's restructuring by Friday, it would have to consider filing for insolvency of OKD.
The Finland-base supplier posted a lower-than-expected quarterly profit and new orders, as miners are not spending much on grinding mills and crushers.
The famous De Beers office at Charterhouse St., adjacent to the Hatton Garden diamond district, is one of the assets Anglo is considering to sell to cut its debt burden.
Uranium price falls to lowest since May 2005 as bearishness overwhelms the sector.
Kinshasa, the Kibali gold mine in the Democratic Republic of Congo was the star performer in Randgold’s portfolio of operations in 2015, exceeding its target by 7% to contribute 642 720 ounces to the group’s record production for the year.
Analysts, companies expect prices to stay below 2015 levels for at least the next two years.
It is set twice a day based on a few minutes of trading by 18 trading members,
The gem has been at the centre of a diplomatic row between India and the UK, with New Delhi arguing for decades that it should get it back.
Doug Eamer, Manager of Commercial and Product Management, talks about the firm's expanded hard rock line.
At 7:09 last evening, it was reported that "Deutsche Bank to settle U.S. silver price fixing litigation," which is a staggering admission of that very criminality of which I have been ranting, writing and opining for years now.
The Salt Association is announcing the appointment of its new Director General, Philip Burgess as it raises the profile of the UK’s salt producers and actively promotes the need for scientific research to present a more balanced view on salt and its many uses.
Analysts outline five key themes resources companies in Europe will have to deal with in the next few months.
Europe’s last remaining coal producers, in the Czech Republic, Romania and Poland, are grasping for government support to keep from going under and taking thousands of jobs with them.
Tegeta Exploration & Resources Ltd., controlled by the Gupta family and South African President Jacob Zuma’s son, is the new owner of optimum coal.
The Russian firm, which together with De Beers controls almost two-thirds of the diamond market, is being prepped for privatization.
Metso shapes the industry by introducing easier ways of buying, maintaining and operating aggregates equipment
Metso continues to meet its customers' needs and to shape the industry conventions by expanding its services offering for the aggregates industry with unique Life Cycle Services programs.
A Russian sales manager for Metso's automation division is said to have skimmed money off invoices and cycled the funds through several bank accounts and firms until they ended up in Panama.
The appointment is effective immediately and Hernandez, who had been CEO since 2014, will remain as an adviser to the board.