Metso cutting 44 jobs from minerals division in Finland
The cuts follow a number of reductions announced for the U.S. and Canada last year.
Cecilia Jamasmie , Editor-in-Chief
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Dominion Diamond shareholders revolt, call for changes
Investors have publicly called on the company’s independent directors to deal with the “misguided policies and missed opportunities” that have hurt their investment.
Gold on track to record third-straight annual loss
With prices down roughly 10%, the precious metal is on track to record its third-straight annual loss, the first time it has posted a triple-loss streak since 1998.
China won’t approve new coal mines until 2019
The decision, part of a series tough measures, seeks to cut both oversupply and a worsening pollution crisis in the country.
Chile’s copper miners still making money despite price collapse
Official figures contradict recent local reports showing that most copper miners in the country are barely breaking even at current metal prices.
This was the top-performing mining commodity of 2015
Despise missing expectations for the year, uranium was one of the very few commodities to experience gains this year.
Former Aussie coal magnate Nathan Tinkler buys Anglo American mine
The Dartbrook coal mine has been mothballed since 2006, when Anglo placed it in care and maintenance.
Freeport-McMoRan chairman resigns, shares plummet
The company's co-founder James Moffett will step down as chairman and quit the board.
Sirius Minerals to supply 500,000 tonnes of fertilizer a year to Chinese firm
The offtake deal with Huaken International is for seven years from the moment the York Potash mine is up and running.
Mining projects worth $56 billion to come on stream in Peru beginning 2016
China is currently the top investor in the country's sector, pumping $19.2 billion into several copper, gold and silver projects.
Sandvik to build $37M mining service hub in Canada
Facility consolidates cutting, parts and aftermarket services to support potash, uranium and hard-rock mining by late 2026.
