Canada’s Capstone puts Chile copper project in back burner
The Vancouver-based miner blamed low commodity prices for the measure.
Cecilia Jamasmie , Editor-in-Chief
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Anglo sells platinum mines in S. Africa to Sibanye for $330m
The deal involves an upfront payment of 1.5 billion rand, with a minimum deferred payment of 3 billion rand, equal to 35% of cash flow generated by the operation.
Done deal? Amplats said to have sold platinum mines to Sibanye for $100M
The companies are expected to make an official announcement on Wednesday.
Lucara Diamond to host second stone tender in November
Since the recovery of the first large diamond from the Karowe mine in 2013, Lucara has found 216 gems, which it has sold for more than $250,000 each.
SA platinum cuts to hurt global output over next two years
Supply for the year, however, is expected to increase by 9% to 7.91 million ounces, owing to the recovery in the country’s output following strikes in 2014, as well as increased platinum recycling.
Canadian regulator lets Nexen reopen 40 utility pipelines at Long Lake
The remaining 55 pipelines affected by a suspension order must stay closed until the company can demonstrate they're safe.
Campaign to save Australia’s coal sector heavily mocked in social media
The PR campaign praising the “endless possibilities” of coal in providing “light and jobs” has triggered a massive reaction among social media users.
Minera IRL halts gold operation in Peru as protesters take over site
Around 100 locals invaded the site over the weekend, occupying a number of installations, and forcing the company to suspend all operations.
Gold stays near two-week low on US jobs data, public holiday
The precious metal price remained rooted in a very narrow range as trading volumes were limited Monday, a public holiday in the US and Canada.
‘Nazi gold train’ allegedly found in Poland
Experts are warning the finding might be just an hoax.
Kidnappers kill Vizsla mine workers in Mexico
The focus remains on the safe return of those who remain missing, the company said.
