Patriot Coal goes bankrupt
Patriot Coal confirmed Monday what everyone already knew: the company is headed to bankruptcy, causing shares to implode in regular trading and continue to fall after hours.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Teck weighs future of its $5.6 billion expansion project in Chile
Canadian miner Teck Resources has temporarily withdrawn the Social and Environmental Impact Assessment application for its $5.6 billion Quebrada Blanca II expansion project in northern Chile.
The Philippines hike mining royalties and expand bans
After months of intense debate among mining companies, environmentalists, local groups and church leaders, the government of the Philippines has decided to increase royalties from mining companies.
Canadian Candente copper to restart drilling in Peru
Candente Copper will be allowed to resume its exploration and feasibility drilling at its Canariaco project in Peru, after the local community of San Juan De Kañaris voted in favour of granting surface access to the company on Sunday.
Rinehart commits $26 million to train locals and avoid unions increasing criticism
Gina Rinehart's Hancock Prospecting is pouring $26 million to local training in the face of an increasing opposition to the company's workforce plans to hire foreign workers.
Black lung disease returns to coal mines
Black lung disease, the common name for underground coal worker’s pneumoconiosis, is now linked to workers who take part in surface coal mining, according to an investigation by NPR News.
South American Silver’s Bolivian mining license revoked, workers set free
Bolivian Labour Minister, Daniel Santalla, signed an agreement on Sunday with the leaders of the Andean local community of Malku Khota who were holding five employees of Canadian South American Silver captive.
Bolivian farmer dies in demonstration against South American Silver
A Bolivian farmer died on Friday and at least four others were injured when protesters occupied the Malku Khota project, operated by Canadian South American Silver in the Andean highlands.
Rio Tinto strikes deal with locked out workers in Canada
Locked out workers at a Rio Tinto Alcan plant in Quebec, Canada, voted to end a six-month labour dispute that has dragged on since Dec. 30, said the United Steelworkers union in a press release on Friday.
Kyrgyz Prime Minister visits Centerra’s Kumtor mine amid contract evaluation
On Friday Centerra Gold hosted a visit by the Kyrgyz Prime Minister Babanov to the Kumtor mine. The visit came a week after Kyrgyzstan authorities said they wanted to renegotiate a contract with the gold miner.
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.
