Coal mine openings in the US inject some hope into beleaguered sector
Corsa Coal’s Acosta Deep mine, to begin operations in June, will create about 600 jobs.
Cecilia Jamasmie , Editor-in-Chief
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Strike at Barrick’s Veladero mine suspended
Union at Barrick's troubled operation, Argentina's largest gold mine, says strike will resume if there's no deal after two weeks of talks.
Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid
If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.
China’s coal-rich Shanxi province to halt or slow mines construction until 2020
Shanxi province accounts for about 25% of China's coal output and has vowed to cut 20 million tonnes of overcapacity this year.
Better copper prices boost Codelco’s profit offsetting output decline
The state-owned miner reported a Q1 profit of $534 million, more than the total it earned in 2016.
World’s largest gold miner hit by Tanzania export ban
Barrick's comments come on the heels of a report published this week, which claims its Tanzanian subsidiary has been under-reporting the amount of metal in its shipments to evade taxes.
Iron ore crashes again to below $58 a tonne
Ore with 62% content in Qingdao lost $2.33 a tonne to close at $57.91, data from the Metal Bulletin shows, hitting a seven-month low and marking the commodity third consecutive weekly fall.
Swedish miner begins massive relocation of whole city
While some residents of Kiruna have moved already, the first of the town’s historic buildings has just been hoisted up on a truck and transported to its new location.
Anglo Asian Mining back in the black as copper output doubles
Better gold prices also helped the Azerbaijan-focused miner reduced its outstanding debts and boost profit.
Yancoal seeks expansion in Hunter Valley with $710m bid for Mitsubishi’s mines
Company wants to become Australia’s largest independent coal producer.
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.