Barrick sells Australian Plutonic mine to Northern Star
For US$22 million.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Rio considers dumping stake in Pebble mine’s owner Northern Dynasty
Through a subsidiary, Rio owns 19% of Northern Dynasty, making it the largest single investor.
Illegal mining is Latin America’s new cocaine
Once confined to Peru and Colombia, the shady business has spread out to neighbouring countries and is generating up to five times more revenue than drug trafficking.
BC coal project faces fresh woes over foreign workers
Canada's United Steelworkers union is asking the British Columbia Supreme Court to revoke the HD's exploration permit, alleging local authorities granted it without addressing safety concerns.
Peru’s $1bn Tia Maria copper mine gets social license, to restart mining soon
Work is likely to restart within the next 90 days, a top government official said following a public meeting with local residents.
Aussie billionaire Clive Palmer’s massive coal mine approved
Environmentalists argue the approval will see 3 million tonnes of dredge spoil will be dumped in the Great Barrier Reef.
Colombia calls a truce in freshly declared war on coal
It has extended Drummond port improvement deadline, but it will charge the company daily fines.
Rinehart’s Roy Hill secures close to $700 million from US bank
She needs $10 billion.
Canada watchdog accuses Silvercorp short seller of fraud
Hedge fund manager Jon Richard Carnes wrote a false negative report in 2011 about the silver miner in order to profit from its falling share price.
Glencore Xstrata raises stake in Africa’s copper belt
The miner and commodities trading giant acquired an additional 14.5% interest in Mutanda, a copper mine in the province of Katanga, Congo.
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.
