April 28, 2016 Vale back in the black on higher iron ore prices, currency Vale’s results for the first three months of 2016 makes it the best-performing major iron-ore miner so far this year.
April 27, 2016 Barrick ‘is back’ chairman Thornton tells shareholders Barrick Gold has reduced its debt load, reshuffle management and sold several assets.
April 27, 2016 Vale gives its potash project in Argentina a second chance The miner has scaled down the project and it now aim to produce 1.3 million tons of potash a year, down from the 4 million tons originally planned.
April 26, 2016 Nova Scotia’s proposed overhaul of mining rules met with criticism, demands While the province says the proposed ruling will cut red tape, environmental groups claim it doesn't do enough to prevent mining on privately protected lands.
April 26, 2016 Freeport axes oil and gas workforce as it posts sixth straight loss The company, which is the US biggest miner by market value, is cutting 25% of its workforce to reduce debt.
April 26, 2016 Barrick Gold swings to quarterly loss, but trims debt further The world's largest gold producer, reported a quarterly loss, compared with a year-earlier profit, as asset sales impacted production and realized gold prices fell.
April 25, 2016 Barrick’s fourth CFO in five years may be what shareholders were waiting for Most shareholders hope that Catherine Raw persuades management to stop prizing output over profitability and, instead, place more emphasis on investors’ returns.
April 24, 2016 Freeport mulls selling minority stake in copper mine portfolio Freeport McMoRan Inc. is considering selling a minority stake in its portfolio of copper mines, sources familiar with the matter said, one of the options on the table as the…
April 24, 2016 500 jobs lost after Cameco shuts down Rabbit Lake In a further indication of the uranium slump, Cameco (NYSE:CCJ, TSX:CCO) is suspending production at its Rabbit Lake operation in northern Saskatchewan and curtailing production at its US operations.
April 22, 2016 De Beers moving out of historic London HQ The famous De Beers office at Charterhouse St., adjacent to the Hatton Garden diamond district, is one of the assets Anglo is considering to sell to cut its debt burden.
Eramet board ousts CEO Paulo Castellari citing divergences Chairwoman Christel Bories, who had passed the role of CEO to Castellari last year, will assume the role again. February 01, 2026 | 04:21 pm