Intrepid Potash idles US mine, lays off hundreds
The Denver-based potash miner is placing its West facility in New Mexico in "care and maintenance” beginning July.
Cecilia Jamasmie , Editor-in-Chief
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Japan risks wasting US$56bn in new coal-fired power stations — report
According to the University of Oxford’s Smith School of Enterprise and the Environment, Japan’s plants are set to become stranded assets as a result of overcapacity and cheaper power sources, such as renewables.
Gold bounces back on weak dollar, Goldman’s brighter forecast
The bank increased its three, six and 12-month forecasts to $1,200, $1,180, and $1,150 an ounce from $1,100, $1,050 and $1,000 respectively.
Global gold output to remain weak despite price recovery
BMI Research analysts also believe gold prices bottomed in 2015 and expect the metal to edge higher over the coming quarters.
BHP resumes expansion plans, says not waiting for prices to recover
Strategic shift comes as the world's biggest miner tries to regain investors' confidence.
Heart of Canada’s oil sands industry saved from fire’s worst
Companies and authorities now discussing plans to resume production.
Lucara’s Constellation diamond sells for record $63 million
The record sale is likely to ramp up speculation about how much a second Lucara diamond — the "Lesedi la Rona" — will fetch at auction next month.
Production at giant Arctic diamond mine just weeks away
Gahcho Kué, the world's largest new diamond mine under development, is now 94% complete with first production planned for the second half of this year.
Glencore buys major stake in troubled Aussie iron ore miner
It now owns 8.47% of Atlas Iron, which gives Glencore direct exposure to iron ore production.
Eldorado Gold to restart construction of Skouries mine
Greek authorities have finally approved an updated technical study for the project, which clears the way for the proposed mine.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
