Chile’s court confirms 2nd highest fine in history for Caserones mine
The copper mine, property of Japan's top smelter JX Nippon Mining & Metals, will have to pay $10.8 million for breaching environmental rules.
Latest Stories
Luxembourg joins race to conquer space mining
The move comes only three months after U.S. President Barack Obama signed a space exploitation law.
TransCanada Energy East pipeline project to create 120 jobs in Quebec
The firm has signed a deal with a power equipment manufacturer that will create up to 120 jobs in Quebec.
Gold hits fresh three-month high amid oil selloff
The precious metal has become the best performing commodity of the year and one of the very few to post a sizable gain in 2016.
Dominion Diamond can go ahead with Ekati mine expansion — watchdog
The board's recommendation still needs to be approved by Canada’s Northwest Territories authorities.
China gets tougher on illegal mining, exporting of rare earths
Beijing to set up tracing system to determine and certify the origin of the materials.
Anglo American risks eviction from FTSE 100
FTSE 100 reweighting to take place in March.
Canadian prospectors holding on to long-term resources demand forecast
However, they acknowledge that there are no signposts yet in the market that suggest mineral prices will rebound soon.
Sibanye Gold shopping for new mines, possibly including base metals
The gold miner is expanding its portfolio to platinum, coal and uranium, as it also mulls an incursion in the base metals sector.
