Mongolia to pay $100 million owed to Canada’s Khan Resources
The company, however, says it has not yet received any direct communication from Mongolia on the matter.
Latest Stories
South Africa’s gold workers ‘unimpressed’ with 13% pay rise offer
Gold producers offered above-inflation wages, which make up 55% of their mining costs in the country.
LFM Software introduces ground-breaking new technology for accessing and adding intelligence to laser scan projects
Co-launch of LFM NetView 4.0 and LFM Server 4.3 delivers significant capabilities in using laser scan data for project collaboration and asset management
Iamgold trims 2015 output forecast over earthquake disruption at Quebec mine
The Canadian miner said it expects the lower output to "adversely" impact costs at the mine.
BHP tipped as favourite in race for Barrick’s Zaldivar mine in Chile
BHP already operates the world’s largest copper mine, Escondida, which sits, quite literally, across the road from Zaldivar.
Coal shares jump after U.S. Supreme Court rejects mercury rule
Beleaguered U.S. coal producers were thrown a lifeline after the Supreme Court struck down the Obama administration’s rule on mercury and acid gases from power plants.
$8 trillion alternative energy boom is a win for copper
Copper will remain an irreplaceable component in our ever-expanding energy needs.
Burkina Faso parliament adopts new mining code
Burkina Faso's transitional parliament passed a new mining code on Friday that abolishes a previous 10 percent tax break on mining company profits and obliges firms to pay into a local development fund.
Nervous Chinese investors dive back into gold
Chinese gold imports via Hong Kong jump 35%, shipments from Switzerland increase nine-fold in May as Shanghai's equity rally turns into sharp correction.
