Imperial Metals records $37 million net loss in 2014
Imperial Metals (TSX:III) recorded a $37.3 million net loss in 2014, thanks largely to the cost of dealing with last year’s tailings pond failure at its Mount Polley mine.
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Barrick settles remaining claims by women concerning Porgera mine
Barrick Gold (NYSE:ABX, TSX:ABX) has settled claims with 11 women from Papua New Guinea who had alleged acts of sexual violence against them, including rape, at the Porgera mine in PNG over the last two decades.
Mongolia greatly responsible for Rio’s Oyu Tolgoi troubles – PM
Prime Minister Chimed Saikhanbileg said Friday his country should take charge of how long a dispute a expansion of the copper and gold mine has taken.
Zambia goes after First Quantum over layoffs
Government claims it was not notified according to the law.
Mining top executives the gloomiest of all: report
Despite the overall pessimism, mining CEOs remain just as confident on their own company’s growth as they were in previous years.
Chile’s Codelco the first miner to join the Industrial Internet Consortium
Among other applications, Codelco is interested in implementing worker location services and remote equipment assessments.
World Gold Council considers launch of new London exchange
The gold industry’s leading trade body and half a dozen banks have agreed to explore the idea of establishing an exchange in London as the existing market faces greater regulation.
Chen Lin sees buying opportunity of a lifetime in energy stocks
After correctly predicting $47/bbl oil last year, Chen Lin is licking his stock-picking chops at the bargains now available.
Iron ore price massacre continues
Unprecedented meltdown continues as iron ore price suffers worst trading day in more than year on Thursday bringing weekly loss to eye-watering 15%.