Romania wants city of Rosia Montana application to be pulled from UNESCO list
Move could mean good news for Gabriel Resources' long-stalled namesake gold project.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Sibanye halts divvy for first time as it swings to loss
The miner, South Africa’s largest gold producer, said that in the absence of a dividend, it’ll give investors two new shares for every 100 held.
Worker dies at Eldorado Gold Skouries project in Greece
Contractor employee was struck by a branch from a falling tree, resulting in fatal injuries.
US to extend ban on mining near Yellowstone national park
US Interior Secretary Ryan Zinke wants to speed up a two-year review of mining on more than 30,000 acres just north of the park.
Irish court approves Dalradian takeover of Minco
Toronto-based miner gains control over a 2% net smelter return royalty on the Curraghinalt gold project, in Northern Ireland.
Freeport to yield control of giant Grasberg copper mine to Indonesia
The company has greed to reduce its stake in the Grasberg mine to 49% in exchange for licenses to operate the massive copper and gold pit until 2041.
India launches world’s first diamond futures exchange
The Indian Commodity Exchange Limited (ICEX) will start trading in 1 carat/100 cent contracts, to later add 50 cent and 30 cent contracts.
Glencore to offload second coal mine in Australia in less than three months
Decision comes as the Swiss-based miner and commodities trader rethinks how to deploy capital as its cuts debt.
Philippines to expand mining ban to watershed areas, ore exports
In an effort to receive more financial benefits from mining operations, the government's proposal will also require investors in the sector to get legislative approval before operating.
Guatemalan court backs Tahoe’s Escobal mine suspension
Together with reevaluating its previous multi-year guidance, the company is now reviewing the financial impact of the mine suspension to its longer term capital and exploration programs.
Wheaton lands $4.3B BHP silver stream, enters Australia
Major deals in Peru and Australia expand production reach and secure long-term precious metals supply streams.