Troubles in Dominican mine force Barrick to cut 2015 output forecast
Due to a mechanical issue detected at its jointly owned Dominican Republic-based mine.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Bacanora’s lithium project in Mexico three times richer than thought
The Sonora project holds 5.0 million tonnes of lithium carbonate equivalent, which is 337% higher that the previously reported 1.14 million tonnes.
Frantic search in Myanmar as deadly landslide at jade mine leaves dozens still missing
Death toll has climbed to over 100, and there are at least another 100 still missing.
Zonte Metals mulling legal actions against Colombia after gold permit rejected
Its project would sit on top of the Gramalote deposit, a joint venture between AngloGold Ashanti and B2Gold that could become one of the first modern commercial scale gold mines in Colombia.
Gemfields shares soar on ‘knock out’ auction results
The emeralds and rubies miner raised $19.2 million from its recent auction in Jaipur, India.
Commodity prices have not bottomed yet — Goldman Sachs
Unless demand picks up or more miners cut output, prices for raw materials are set to stay low for years, or worse, continue to drop, the investment bank predicts.
Global coal imports heading for second year of ‘dramatic’ drops
The EIA says China and India are to blame, as imports from both nations — which from 2008 to 2013 accounted for 98% of the increase in world coal trade —are on their way down.
China admits to have killed 28 suspects on coal mine knife attack
The deaths of the alleged "terrorists" took place over a 56-day operation by security forces, the Chinese government said.
Caterpillar sales down again, almost three straight years
The biggest drops were in the construction sector in Latin America (-41%) and in the resources industry in Asia (-37%).
Indonesia probing allegations of extortion to Freeport-McMoRan by senior officials
The investigation aims to determine whether senior officials tried extorting Freeport’s Indonesian unit in return for letting the company continue to operate in the country.
VIDEO: Sean Boyd on why smart money is rushing back to gold and Canada
Boyd explains Alex Deluce gold’s breakout across currencies, why critical minerals are strategic, and why Canada’s mining moment is here.
