May 29, 2014

Major new coal projects unlikely to be profitable: Goldman Sachs

The bank analysts say the window for profitable investment in new thermal coal mining and infrastructure capacity “has closed.”

May 28, 2014

Rio Tinto to axe hundreds of jobs at Oyu Tolgoi mine

Amid the miner's efforts to reduce costs at its gigantic copper and gold operation in Mongolia.

May 28, 2014

Barrick putting Pascua Lama back on track

World's top gold miner reaches an initial agreement with Chile’s Diaguita community, the indigenous group that first blocked the $8.5 billion project.

May 27, 2014

Barrick Gold Class Action – Robertson Stromberg LLP Files Statement of Claim Against Barrick Gold and Other Defendants

The detailed claim alleges there were misrepresentations in Barrick's public disclosure relating to Barrick's development of the Pascua-Lama mine located on the border between Chile and Argentina.

May 26, 2014

Game-changing $20 billion African iron ore deal signed

Cost of building Infrastructure to support 100mt of ore related to Rio Tinto's giant Simandou iron ore mine in Guinea alone estimated at over $13 billion.

May 26, 2014

Rio Tinto to launch virtual tour of its Canadian Diavik diamond mine

The virtual reality headset will debut at the JCK Luxury Show in Las Vegas.

May 23, 2014

Bargain hunters descend on uranium stocks

More bad news for the uranium market this week did not deter bargain hunters from returning to the sector in a big way on Friday chasing up shares across the…

May 23, 2014

Deutsche Bank won’t fund Barrier Reef port expansion

The bank says it won't finance a project whose effects are still being debated.

May 23, 2014

Billions of barrels-worth of shale oil found in southern England

The discovery has already pushed British authorities to start mulling plans to ease rules on accessing shale oil and gas, including drilling without landowners' permission.

May 23, 2014

EPA sued over process that could block Pebble Mine in Alaska

The suit says the agency may kill the project before mine plans are finalized or it’s evaluated through the permitting process.