Workers end two-week long strike at BHP’s nickel mine in Colombia
It's estimated that the labour action generated about US$26 million in losses, forcing BHP to declare force majeure last week.
Cecilia Jamasmie , Editor-in-Chief
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Former BlackRock mining fund manager joins Barrick Gold
Catherine Raw, from one of the UK mining sector's best known fund managers, is assuming as the company's Business Performance Executive Vice President.
Turquoise Hill sale of stake in Mongolia’s SouthGobi falls through
The failed deal was supposed to allow Turquoise Hill to finally break ties with the Mongolian coal miner that was once worth over $2.4 billion.
Rio Tinto ready to resume hunt for mining deals — report
If the miner buys any assets this year, it would be Rio's first acquisition in about three years.
Here is why Venezuela traded 1.4 million ounces of its gold reserves to Citi
The nation signed a complex deal with Citibank to swap $1 billion in cash for about 1.4 million ounces of its gold reserves.
Kyrgyzstan names new PM to settle issue with Centerra over Kumtor mine
Temir Sariyev, a 51-year-old economist, said before Thursday's vote in parliament that resolving the Kumtor issue would be among his priorities.
Vale falls victim of the iron ore slump, posts $3.2bn loss
Today's results are the lowest earnings Vale has reported in six years and its third straight quarterly loss.
Zimbabwe eliminates tax on diamond sales, for now
The measure aims to stimulate production and attract investment in the sector, amid low international prices for the coveted gems.
Goldcorp posts loss on lower margins, higher tax
The company's stock is being ripped apart on both, the New York and the Toronto Stock Exchanges as a result.
Climate change advocates will fail to cut coal consumption: Glencore
Chief executive Ivan Glasenberg said growing demand for cheap energy will secure demand for coal.
Sandvik to build $37M mining service hub in Canada
Facility consolidates cutting, parts and aftermarket services to support potash, uranium and hard-rock mining by late 2026.
