Adani’s $12bn Carmichael project hit with yet another lawsuit
A green group asked the Supreme Court in Queensland to review the environmental approval of the controversial coal mine and rail project.
Cecilia Jamasmie , Editor-in-Chief
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Nova Scotia’s proposed overhaul of mining rules met with criticism, demands
While the province says the proposed ruling will cut red tape, environmental groups claim it doesn't do enough to prevent mining on privately protected lands.
Freeport axes oil and gas workforce as it posts sixth straight loss
The company, which is the US biggest miner by market value, is cutting 25% of its workforce to reduce debt.
Teck Resources posts better-than-expected profit as costs drop
Canada’s largest diversified miner logged a 38% increased in overall profit for the first quarter of the year.
Barrick Gold swings to quarterly loss, but trims debt further
The world's largest gold producer, reported a quarterly loss, compared with a year-earlier profit, as asset sales impacted production and realized gold prices fell.
Eldorado Gold to sell Chinese mine for $300 million
Jinfeng produced 149,655 ounces of gold in 2015 and is expected to generate 95,000-105,000 ounces of gold this year.
Barrick’s fourth CFO in five years may be what shareholders were waiting for
Most shareholders hope that Catherine Raw persuades management to stop prizing output over profitability and, instead, place more emphasis on investors’ returns.
Czech coal miner NWR on the verge of collapse as rescue talks freeze
NWR warned that unless the government and creditors agree on the firm's restructuring by Friday, it would have to consider filing for insolvency of OKD.
Power cuts weigh on Randgold’s Ivory Coast mine output
Energy supply issues also hurt equipment at the miner's Tongon gold operation in the first three months of this year.
Metso keeps suffering from global mining slump
The Finland-base supplier posted a lower-than-expected quarterly profit and new orders, as miners are not spending much on grinding mills and crushers.
Panama moves to unlock copper from First Quantum mine
Commerce and Industries Minister may approve by Tuesday exports of already mined ore from Cobre Panama’s stockpiles.