Rio’s Oyu Tolgoi mine in Mongolia hit with $155 million tax bill
Rio Tinto-controlled Turquoise Hill said the bill relates to an audit on taxes imposed and paid by the mine operator between 2013 and 2015.
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These four factors will boost gold demand in 2018 — WGC
Synchronised global economic growth, shrinking central bank balance sheets, rising interest rates, insubstantial asset prices and market transparency are the trends to watch this year, the World Gold Council said.
GoldCorp forecasts lower costs for 2018; shares on track for nine-month high
The company's 2017 preliminary gold production of 2.6 million ounces was at the high end of its forecast range.
De Beers readies technology aimed at eliminating ‘conflict diamonds’
Firm is developing open platform that traces diamonds from mine to buyer.
European metals technology companies want to lead anti-corruption fight
Following the 2016 launching of the Collective Action Initiative for the Metals Technology Industry, the program announced today that it has added a new member.
Following detention, journalist publishes controversial story about Venezuela’s Mining Arc
Rampant violence and corruption are the norm in the mines of the southern Guayana region.
Despite 42-day strike, Gran Colombia surpasses 2017 production guidance
Only in the fourth quarter of 2017, the company produced 51,699 ounces of gold, up 26% over the fourth quarter of the previous year.
Brazilian miner Vale ordered to repair environmental damage
Federal prosecutors announced ruling in a statement that said electricity transmission lines and a bauxite pipeline damaged soil and silted up rivers.
Rio Tinto 2017 iron ore exports up 1 percent, maintains 2018 guidance
On Tuesday Global miner Rio Tinto reported a 1 percent rise in iron ore shipments for 2017 to 330.1 million tonnes, meeting its guidance.
