The new rules only apply to future payments and not amounts already owed.
In the second half of 2014 the businesses bound for South32 generated $5bn worth of revenue and almost $890m of earnings before interest and tax.
Yukon Premier Darrell Pasloski met with MINING.com at Roundup 2015 in January to discuss the closure of Wolverine Mine. "We are disappointed with the closure. We understand the difficulty with low commodity prices." Pasloski also discusses mine licensing, infrastructure and …
Achieved gold and copper production in the fourth quarter of 49,123 ounces and 14.9 million pounds, respectively, with record production from Chelopech.
"At current exchange rates, each US$1 change in the price of a barrel of oil has an approximate $5 million effect on our operating costs."
"We've seen a lot of people who were involved with the initial diamond rush in the early 90s come back to us."
That reaction to the copper price drop was probably overdone in terms of the response of the equities and their valuations.
Embarrassment and financial harm.
The technique, known as biomining, is already being tested here on Earth as a sustainable treatment of ores and mine waste.
Some crew will be assigned to care and maintenance.
Newly elected President Edgar Lungu wants to keep mining royalties at 20%, as opposed to the 6% companies were paying a month ago.
Hundreds of miners in Kosovo are back on shift following a three-day work stoppage to protest against the Kosovo government, which backtracked on an earlier decision to take control of the Trepca mining complex.
Red metal output at the mine, over 18 months behind schedule and $750 million over budget, is expected to ramp-up by July.
Geology consultants leading the project found the rare earth claim has the highest range of rare earth metals in Peru.
Analyst downgrade sinks shares of Vancouver-based owner of fast-expanding polymetallic mines in Peru and Mexico.
Metals are like horses in a merry-go-round, believes Joe Reagor of ROTH Capital—as some rise, others fall.
The situation may soon change, as authorities have began talks with the country’s top miners, signalling the possibility of a compromise over the country’s new tax regime.
The 56 year old who built Xstrata into one of the world’s biggest mining firms and then sold it to Glencore, is tipped to be on the verge of landing his first big fish.
Article implies that the company engaged in illicit practices to obtain the necessary permits for its Platreef mine in South Africa.
The gold miner said it expected to produce 420,000 ounces at its only operating mine in Egypt this year, missing some analyst expectations.
Zinc prices will continue to gain in 2015, but all bets are off if a not unlikely stockpile shock panics buyers.
Move will leave up to 12,000 jobless and it is likely to sour the already fractious relationship between the government and mining companies.
“Base metals were a ‘bright’ spot in 2014—largely ignored by equity markets and are among our ‘picks’ for investors in 2015,” observed Scotiabank economist Patricia Mohr in the latest edition of the Scotiabank Commodity Price Index published Thursday.
Vancouver-based junior jumps 8.5% after hitting targets for re-start of 100%-owned Caribou zinc-lead-copper-silver-gold mine in New Brunswick, Canada.
Huge advances in all sectors from potash and uranium to copper and gold led by a 10% surge in diversified Canadian heavyweight Teck Resources.
Julian Malnic, the founder of world's first deep-sea miner Nautilus Minerals has joined the board of Deep Space Industries.
Get Mining News and Alerts
sent to your inbox daily