Freeport Indonesia boss steps down
Maroef Sjamsuddin's decision comes less than a month after the chairman of the U.S. mining giant stepped down.
Cecilia Jamasmie , Editor-in-Chief
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PotashCorp mothballs Picadilly mine, leaves more than 420 jobless
The indefinite suspension of the Picadilly mine, in Canada's New Brunswick, is expected to cut the company's capital costs by $50 million in 2016 and $135 million over the next two years.
Areva earned $300 million in US uranium enrichment contracts last year
The announcement comes as the company is laying off about 50 workers in Lynchburg, Virginia, a bit more than half the jobs it has cut in the US as of late.
MMG’s gigantic Las Bambas mine in Peru makes first copper shipment to China
The company shipped roughly 10,000 tonnes of copper concentrate from Las Bambas from the Port of Matarani to China on Jan. 15.
Devastation caused by illegal miners in Peru reaches national reserve
Recently released satellite images show that devastation from illegal gold mining activities in Peru is now reaching the Tambopata National Reserve, an important protected area in the country’s southern Amazon.
Suncor changes strategy to acquire Canadian Oil Sands with $6.6bn friendly deal
After months of hostile rhetoric, the two Calgary-based companies have reached a takeover agreement.
Colombian police begins evicting illegal miners from Continental Gold’s claims
The Canadian miner's Buriticá gold-silver-zinc project is located about 75 km from Medellín, the country’s second largest city.
US sets moratorium on new federal coal leases
The freeze on new leases for coal mined from federal lands is part of a sweeping review of the federal coal plan.
BHP takes largest-ever write-down on US shale operation
The world’s largest miner announced Friday a roughly $7.2 billion pretax charge against its U.S. onshore energy assets
Dominion Diamond chairman steps down, replaced by De Beers veteran
Robert Gannicott's replacement as chairman will be Jim Gowans, a former DeBeers Canada CEO and most recently the co-president of Barrick Gold,.
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.
