Chile imposes $16 million in fines to Barrick for environmental violations at Pascua-Lama
Besides receiving the highest possible fine under Chilean law, Barrick construction work has been halted.
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Aussie coal workers walked off the job
More than 200 workers at Australia's Newcastle port, the largest thermal coal export facility in the world, walked off the job this morning.
Diamond miner Alrosa’s Q1 production dropped 7.5%
Market conditions favoured higher rough demand as global supplies decreased, said the firm.
Methane Monitoring in Mines Protects Lives and the Environment
Sentrum is the first system of its type that is certified for use underground and the first to be able to differentiate between methane and other non-methane hydrocarbons so accurately.
New securities law in Mongolia cleans path for Tavan Tolgoi IPO
The new law can be the solution cash-strapped state-owned developer of Tavan Tolgoi has been looking for years.
South Africa’s new wave of strikes could ruin the economy: President
He added that wildcat strikes, particularly in the platinum and gold sectors in recent months, have cost South Africa dearly.
Vedanta raises $1.7bn, India’s largest ever offshore bond sale
This is a landmark transaction for Vedanta, which is joining domestic peers in catching the flood of US dollars being unleashed by central banks.
Rio Tinto starts off downsizing at its Utah mine
It cut nearly 100 jobs at its Kennecott Utah copper mine and warned further positions will be slashed later this month.
