Cliffs Natural removes quarterly dividend to repay debt
It also said it has reduced its net debt balance by more than $400 million.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Centerra a step closer to moving gold project in Mongolia forward
The country’s parliament has designated its Gatsuurt Project as strategically important, paving the way for Centerra's application for the necessary approvals.
Anglo American mulls sale of more coal mines in Australia
The operations that may be added to the list of assets for sale are Dawson and Foxleigh, in Queensland.
Anglo hit by platinum, iron ore units lower earnings outlooks
The miner shed over 3.7% after two of its business divisions — Amplats and Kumba — warned they expected full-year earnings to shrink more than previously flagged.
Baja Mining’s long-delayed and almost dead El Boleo finally reaches production
Red metal output at the mine, over 18 months behind schedule and $750 million over budget, is expected to ramp-up by July.
Turkey’s gold imports down, but bullion still ‘key’ to the local economy — WGC
Despite the rosy picture painted by the industry body, official figures show that Turkey bullion imports more than halved last year.
Peruvian rare earth discovery richer than initially thought
Geology consultants leading the project found the rare earth claim has the highest range of rare earth metals in Peru.
Colombian gold CEO involved in $970m laundering case arrested
Prosecutors claim the gold company and its top executives are at the centre of a money-laundering scheme involving cocaine traffickers.
Gabriel Resources says Romania holding gold project ‘hostage’
The company has been trying for 15 years to get a permit for Rosia Montana, poised to be Europe's biggest gold mine.
Gold climbed past the $1,300 mark for first time in five months
But it lost its gains right after two ECB officials said policy makers would propose purchasing 50 billion euros in assets per month through the end of 2016.
Kidnappers kill Vizsla mine workers in Mexico
The focus remains on the safe return of those who remain missing, the company said.
