Lonmin investors approve key $407m rights issue
The move will allow the platinum miner to restructure its debt and, it hopes, weather an ongoing decline of platinum prices.
Cecilia Jamasmie , Editor-in-Chief
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Gold Fields deciding Ghana’s mine fate, as bullion prices dive
Its Damang mine in Ghana is struggling with current gold prices, the firm said.
Five miners rescued in Tanzania after 41 days trapped underground
They survived by eating roots, cockroaches and frogs, and drinking drips of muddy groundwater.
Ex-Massey Energy CEO’s fate in hands of West Virginia jury
Jurors have begun deliberating the fate of Blankenship, leader of the company that owned the Upper Big Branch mine at the time of a 2010 deadly explosion.
Suncor cuts oil sands output for 2016
Canada's dominant oil sands player, however, plans to spend about $900 million more next year.
Teck Resources to axe 1,000 jobs, lowers dividend
With the announced cuts the diversified miner brings the total redundancies over the past 18 months to about 2,000.
Copper price hits fresh six year low as Paris attacks continue to weigh in
The industrial metal, often viewed as a barometer of global economic growth, fell to its lowest level since 2009.
Cliffs to halt operations at Minnesota iron ore mine
The move will help the cash-strapped coal and iron ore miner to continue operating for the short term.
K+S Potash to hire 150 workers for its Canada’s Legacy project
The Legacy mine, located approximately 50km north of the city of Moose Jaw, will be the first new potash operation built in the last 40 years in Saskatchewan.
Rio Tinto to close Queensland coal mine if extension gets rejected
The company said that extending Kestrel, its only underground coal operation, would add 20 years to the mine’s life.
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.
