Ned Goodman resigns from Barrick Gold board
He will focus on a new business venture in resources and other hard assets, said Barrick.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
About 10% of global gold output being produced at a loss
While gold was moderately higher in early U.S. trading Thursday analysts agree the whole industry is on a bit of “a knife-edge.”
Iron ore prices hit by fresh evidence of looming surplus
Seaborne with 62% content delivered to Qingdao dropped 0.7% to $51.76 a ton, its sharpest drop in two weeks.
Glencore to slash 380 coal jobs in South Africa
It had said in January that the closure of its Optimum coal mines would put over 1,000 jobs at risk.
Economic slump, not drop in coal use, responsible for U.S. carbon emissions fall
Findings of a new research show the 11% fall in carbon emissions between 2007 and 2013 was caused mainly by depressed market conditions.
Gemfields Mozambique mine to yield rubies for over 20 years
An independent report has confirmed the Montepuez mine holds the largest deposit of rubies in the world, with projected output of 432 million carats over 21 years.
BHP Billiton beats iron ore guidance, takes copper write-downs
The world's No.1 miner will continue boosting its iron ore output, adding to a global glut and keeping pressure on prices.
K+S rejects fresh approach from Potash Corp.
With the deal, Potash Corp. could regain some of its historic dominance over the fertilizer market, since the two companies combined account for 30% of the global potash production.
Alrosa’s rough diamonds sales down 22% in first half of the year
The Russian company, hit by a sustained slowdown in the diamond market, said its rough diamond have declined by 6% in the first six months of the year.
Canadian provinces to cut fuel use, boost tidal energy
The deals represent two ground-breaking initiatives to make Canada’s mining industry more fuel-efficient and environmentally friendly.
Kidnappers kill Vizsla mine workers in Mexico
The focus remains on the safe return of those who remain missing, the company said.
