Rio Tinto smashed by largest ever loss, new CEO vows cuts
The mining giant provided investors with a sour Valentine’s treat as it posted a $3 billion loss, its first ever full-year loss.
Cecilia Jamasmie , Editor-in-Chief
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Death of mining executives in Mexico likely to be elaborate scam: report
Mexican authorities and U.S. Consulate in Guadalajara unable to confirm the deaths. Investors claim nobody ever met the executives.
Masked man helps save trapped miner
A person wearing a Spider-Man mask starred Monday an unusual and impressive rescue of three illegal miners trapped in an abandoned mine in South Africa.
African Barrick Gold falls after posting poor results
Tanzania's largest gold miner posted a fourth quarter loss driven by heavy write-downs and a warning of a further fall in output.
Gold Fields chairwoman quits for politics
Mamphela Ramphele's resignation fuels local rumours indicating she is planning to create a new political party to challenge the ruling African National Congress (ANC).
U.S. approves $15.1 billion CNOOC-Nexen deal
Canadian oil and gas company Nexen’s shares climbed over 2% after the announcement.
Petaquilla claims legal win over Inmet on mining rights in Panama
Panama's Supreme Court backed Petaquilla's exploration and extraction rights in five areas of Panama's Donoso District.
Zimbabwe’s ruling party suspends top officials over diamond fraud
Zimbabwe's ZANU-PF party has suspended five senior officials on suspicion of fraud involving $700,000 of diamond proceeds.
Glencore-Xstrata post poor key metals output
The miners joint production numbers released by Glencore revealed a decline in output across key metals such as coal and copper.
Men found dead in Mexico river said to be Southridge Minerals main executives
The bodies, corresponding to two men in their late 30’s, were found by farmers who also recovered documents with the names of Michel Davies and Derald Johnston, which are the names of the firm's CEO and CFO.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
