AngloGold Ashanti digs itself out of debt
The world’s third-largest gold producer returned to profit in the fourth quarter, did not manage to avert posting a net loss for 2015.
Cecilia Jamasmie , Editor-in-Chief
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Zimbabwe orders diamond miners to halt operations
Companies have been told to leave behind equipment and vacate their premises.
Barrick to spend about $2 billion in US, Peru gold projects
The world’s largest gold miner also said it would redeem up to $750 million in notes to help cut debt by at least $2bn this year.
Crude prices to remain depressed until 2017 even with oil sands coming to ‘standstill’ — IEA
Last year, the agency had forecast a "relatively swift" recovery. Instead, oil prices have continued to fall, hitting less than $30 a barrel, a level last seen in 2003.
New technology, automation to help miners survive commodity prices rout
When the worst collapse of commodity prices in nearly two decades finally ends, mining companies left standing probably will have more robots on their side.
Cases of malaria on the rise in Colombia’s mining regions, study shows
Cases of the mosquito-borne disease in Colombia have been skyrocketing, but only in areas where mining activities have increased, a new study shows.
Australia’s Orica re-launches Minova
The new stand-alone business unit will focus on ground support products.
Finning to cut up to 500 extra jobs this year, chairman steps down
The layoffs are on top of the 1,900 positions Finning decided to axe last year.
Vale keeps feeding iron ore glut, but misses estimate
The surprise quarterly output decline offers some relief from a global glut of the steel-making ingredient that’s killing smaller competitors.
South32 in talks with Anglo American to buy manganese unit
The spin-out from BHP Billiton says it is willing to take on the manganese ore venture if the price is right.
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.
