Gold producers offered above-inflation wages, which make up 55% of their mining costs in the country.
Yesterday's fiasco was the third major failure for America's commercial space industry in less than a year.
Letter of intent signed with Orion Mine Finance
Bear market is more than 1,000 days old and nearly 1,200 companies have dropped off the Toronto venture market.
The commission into the deaths at Lonmin's Marikana platinum mine in August 2012 concluded the plan to quell the massive protest was “defective,” and shouldn't have been executed as such.
The companies, which bargain collectively under the country’s Chamber of Mines, are already battling low metal prices and mounting electricity costs amid power outages.
Anglo American’s platinum unit cited dark outlook for the sector as main reason for the cuts.
Palladium enters bear market and platinum hits fresh six-and-a-half year low on worries over Greek debt crisis.
Showing over 1,250 attempted transactions, this list includes both successful and failed attempts in order to visualize the ebb and flow of Chinese investments up until mid-2014.
It also plans to review the legal status of the joint venture, while it negotiates with Ivanhoe to raise its stake to 20% from the current 5% it holds.
PwC's John Gravelle on the mining industry's austerity drive, price realities and declining exploration spending.
The Gold Report, quizzed Chris and Dr. Michael Berry, authors of the Disruptive Discoveries Journal, on how investing has changed over the years in the gold, silver, niche metals and energy space, and what they are investing in today to make sure they survive to see the next cycle.
Rick Rule, Chairman of Sprott US Holdings, recounts how a small mining event led to a career-changing investment.
A third of money raised is destined for Canadian projects while Australia's share of global total drops to only 5%.
The move may create a group of sellers that want to dispose of their holding, or it could open the door to a buyer, according to analysts.
The country's radical Association of Mineworkers and Construction Union (Amcu) said it would begin a wildcat strike in the sector if its rival union and companies extend wage deal to its members.
One of the most frequent questions I get is regarding how and where asteroid mining will happen. As in golf, asteroid miners “will play it as it lays.”
I really don’t care if gold rises or falls, I just read the charts while some people get so emotionally attached.
Wellgreen Platinum Ltd. (TSX: WG; OTC-QX: WGPLF) is pleased to provide an update on its ongoing project activities.
Across history, human development has relied upon the finite resources available on Earth. But the moon – a seemingly barren rock – may actually be a treasure trove of rare resources vital to Earth’s future.
Perhaps the most important aspect of today’s agreements is the fact that both aim to form long-term strategic partnerships to collaborate on further ventures, opening new markets for all the firms involved.
In two weeks, four of today’s top experts in the metals and mining sector are gathering at the inaugural Metals Investment Forum to introduce some of their best bets for profiting in the upcoming turnaround.
New report highlights falling mine supply outside of Southern Africa and increased jewelry demand from China.
Saying that just over 20% of miners had met the black economic empowerment criteria is to tun a blind eye to the progress members have made so far, claims the ming group.
In this interview with The Gold Report, he suggests some companies with resources that not only make sense but could make even more sense to larger companies.
Get Mining News and Alerts
sent to your inbox daily