Mick the Miner in talks to buy Anglo’s assets, no deal tabled
Sources close to X2 Resources, Davis' new company, have cast doubts on reports that the firm had made an offer.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Cliffs Resources officially shutting Canadian Wabush Mines
About 500 workers will lose their job.
Rio Tinto braces for $2.5bn Oyu Tolgoi writedown
According to The Times, Rio flagged the possibility of a writedown in August.
Colombian coal mine flooding kills 12
A perforation made in a subterranean water source had flooded the underground mine late Thursday.
First ruby and pink sapphire mine coming soon to Greenland
True North Gems expects to start production towards the end of winter of 2015.
BHP’s Olympic dam expansion off agenda until prices improve
The miner blamed low metals prices and productivity inefficiencies for the decision.
Landslide halts rescue efforts at Turkish mine
Over 500 rescue personnel, two planes, three helicopters, 25 ambulances and 97 other vehicles continue to carry out the search and rescue work.
Weak iron ore prices cause Vale $1.44 billion loss in Q3
While the miner produced a record amount of iron ore, turmoil in currency and commodity markets overshadowed any production gains.
Goldcorp takes $36 million writedown on Mexican mine
Value of low-grade ore stockpile at the Peñasquito mine dropped, raising average costs by $64/oz. and negatively affecting adjusted earnings by $0.04/share.
Barrick boosts ties with China, names Woo Lee as regional leader
Woo served as a U.S. State Department representative in Asia for about 15 years with postings in countries including China, Japan and Australia.
Brazil delays critical minerals areas auction
The regulator said funding shortfalls prevent it from covering the costs needed to move ahead with the tender process.
