Venezuela told to give shares of Citgo parent to gold miner
A Canadian mining company can seize the shares of the owner of Citgo Petroleum Corp. to satisfy a $1.2 billion arbitration award over a Venezuelan gold mine.
Latest Stories
Barrick ‘was almost dead’: Thornton pulls no punches on gold miner’s missteps
Barrick's plan going forward includes increasing its portfolio of so-called tier 1 assets over time, and gradually shedding anything that’s not tier 1 or deemed to be “strategic.”
Rosy Canadian jobs report gets no help from resource sector
On a year-over-year basis, natural resources employment is little changed.
Graphite mine in Madagascar achieves nameplate production
Miner is based in Perth.
Global bauxite production to grow: Fitch
Fitch Solutions Macro Research states that bauxite production growth will remain high over the coming years, as new projects come online in Australia, Indonesia expands exports, India’s production ramps up, and existing projects in Guinea drive growth.
Gold fever hits Newfoundland
Miners are acquiring different projects in the Moosehead Gold District.
Pretium Resources grows cash by $72 million, produces 111,340 ounces of gold
The company is up 18.5% today to $12.04 a share.
Rio Tinto considers float of Canadian iron ore business
Rio Tinto, the world's second largest listed mining company, is exploring a public listing of its Iron Ore Company of Canada business.
Vedanta’s suspends operations at Zambian unit after worker killed in accident
Vedanta Resources' Zambian unit said its Konkola Copper Mine operations have been stopped to allow for investigations, after one miner was killed in an underground accident.