Paulson, who owns about 6% stake in the gold miner, had nominated eight members to the board.
USA Mining News
The company plans to move forward with the plan only once the feasibility study at its Zinnwald project is completed, in the second quarter of next year.
Given the economics and how the conversation around coal has shifted, you might as well try to push these banks into rotary phones or horse-drawn carriages.
This will mean Geoscience Australia and the United States Geological Survey (USGS) will work closely on exploration, extraction, processing and research and development.
In the grand scheme of things, even the 2,500 coal-mining jobs added since Trump took office in January 2017 really don’t amount to much.
"CCS is a get-out-of-jail card and a great business opportunity,” - Michael Liebreich, founder of Bloomberg NEF research group.
As soon as 2019 kicks off, the Canadian miner wants to start mapping and sampling the Gold Chain project.
The administration would end subsidies for electric cars. Under the existing program, buyers of electric vehicles get a federal tax credit.
Gold-backed ETFs registered inflows in all the world's major regions in November, as volatile stock markets fueled flight-to-safety buying.
Michael Brown, currently President, Barrick U.S.A., will be retiring from the Company on December 31, 2018.
The Colorado-based miner sees 2019 output at 5.2 million ounces of gold, from an earlier forecast range of 4.9 million ounces to 5.4 million ounces.
The EPA has announced plans to roll back an Obama-era rule that requires new coal plants to capture their carbon emissions.
The macro picture may have brightened just a little after the weekend meeting of the U.S. and Chinese presidents, but signs the global economy is losing momentum, do not bode well for metals demand.
The Toronto-based miner reported that the updated resource estimate has resulted in the addition of approximately 38,000 gold ounces in the Inferred category.
Excelsior will start construction activities at the Arizona Gunnison copper project before the end of the year.
Relations with Congolese authorities have grown increasingly strained in recent months as the government pushes for foreign investors to contribute more.
Tait will take over in February from Aram Shishmanian, the council's CEO for the last decade.
The mine has been closed since 2014 when former-owner Cliffs Natural Resources pulled out of Canada.
The project is the company's flagship mine and it comprises 231 claims covering 1,619 hectares.
It is already being called by some experts “the thickest high-grade copper intersection seen in years.”
Farewell Chevy Volt, we hardly knew ye.
The country's state development agency says Albemarle has failed to provide as much as 25% of its annual production at a discount to companies seeking to produce battery metals within Chile, as stipulated in a contract signed in 2016.
The race to export U.S. shale oil overseas is about to get fierce.
The project, near the Nevada border in southwestern Utah, hosts disseminated gold mineralization similar to deposits on the Carlin Trend.
According to Fitch Solutions, slightly higher prices and stronger company financial positions are encouraging greater mine investment.