Aussie coal mine sold by Vale for $1 to reopen next year
Stanmore Coal said it would employ 150 workers when the mine reopens in 2016; half the workforce in place when it closed last year.
Cecilia Jamasmie , Editor-in-Chief
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Cameco limits underground mining at Rabbit Lake after rock fall
While the company suspended production at Eagle Point, it said the Rabbit Lake mill continued operating as usual.
Goldman forecasts even more pain for iron ore
The bank says prices will remain under $40 a ton for the next three years as China’s slowdown forces the sector into a long period of hibernation.
This is the 106-carat diamond Alrosa unearthed from its Jubilee pipe
The stone, described as being of "4 Black Sawables 2 colour" quality with an octahedral shape, was extracted by the company's business unit, Aikhal Mining and Processing Division (MPD).
Rio Tinto bets on lithium as Tesla yet to sign major supply deal
The miner is seeking strategic alliances with battery or car manufacturers to underpin the development of its Jadar lithium-borate project in Serbia.
Joy Global swings to loss, cuts dividend
The mining equipment maker said business conditions continue to be tough mostly due to a slower-than-expected recovery in the global economy and weak commodity prices.
Aussie court clears way for $12bn Carmichael coal mine
With the ruling, the massive Carmichael coal mine and rail project has moved one step closer to final approval.
There is no Nazi gold train after all — Polish scientists
The Nazi gold train saga took a new twist Tuesday when scientists that scanned the area where the wagons were allegedly buried said there is no evidence of such finding.
Suncor presses Canadian Oil Sands shareholders for a takeover offer nod
“Hope is still not a strategy,” Suncor wrote in a letter to Canadian Oil Sands’ shareholders, stressing there was “little time” left.
Barrick unveils early results of plan to buy back $1.15bn of its own debt
The miner, which began the year with an over $13 billion debt, has vowed to reduce the hefty figure by $3 billion before the end of 2015.
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.
