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 | November 3, 2014 | 11:30 am
Cliffs Resources officially shutting Canadian Wabush Mines About 500 workers will lose their job. Cecilia Jamasmie | October 31, 2014 | 4:38 pm
Rio Tinto braces for $2.5bn Oyu Tolgoi writedown According to The Times, Rio flagged the possibility of a writedown in August. Cecilia Jamasmie | October 31, 2014 | 2:58 pm
Colombian coal mine flooding kills 12 A perforation made in a subterranean water source had flooded the underground mine late Thursday. Cecilia Jamasmie | October 31, 2014 | 2:45 pm
First ruby and pink sapphire mine coming soon to Greenland True North Gems expects to start production towards the end of winter of 2015. Cecilia Jamasmie | October 31, 2014 | 2:26 pm
BHP’s Olympic dam expansion off agenda until prices improve The miner blamed low metals prices and productivity inefficiencies for the decision. Cecilia Jamasmie | October 31, 2014 | 11:33 am
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. Cecilia Jamasmie | October 30, 2014 | 5:12 pm
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. Cecilia Jamasmie | October 30, 2014 | 3:32 pm
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. Cecilia Jamasmie | October 30, 2014 | 1:22 pm
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. Cecilia Jamasmie | October 30, 2014 | 11:41 am