Australia offers highly paid miners some relief The changes are being lauded for their potential to stimulate the Australian economy in remote and resource-rich regions. Canadian Mining Journal Staff | July 2, 2019 | 2:53 pm
Vale CFO should face criminal indictment for dam, panel says Vale’s attempt to reduce costs resulted in heightened tolerance for risks, according to the report. Bloomberg News | July 2, 2019 | 2:42 pm
The oil crisis Saudi Arabia can’t solve Amin Nasr’s message to the press that oil flows to the market are guaranteed should be taken with a pinch of salt. Oilprice.com | July 2, 2019 | 1:23 pm
Alcoa’s workers accept offer, ‘exhausted’ from 18-month dispute Alcoa last week said it expects the smelter to be fully operational within 10 months if the offer was accepted. Bloomberg News | July 2, 2019 | 1:06 pm
Australia predicts 50% drop in iron ore price by 2021 Iron ore price sets fresh 5-and-a-half year high Tuesday, but the good times won't last, says the Australian government's chief economist. Frik Els | July 2, 2019 | 12:58 pm
Police swarm gold rush mountain as Ecuador declares emergency The Buenos Aires area is part of a concession owned by Canada’s Hanrine. It lies just south of Cascabel, where SolGold PLC is seeking to build a major copper, silver and gold mine. Bloomberg News | July 2, 2019 | 12:26 pm
Fatality at McEwen’s Gold Bar mine due to natural causes, not mining related The MSHA's findings confirm the company's preliminary analysis, which suggested that the truck driver may have suffered a medical emergency. Jackson Chen | July 2, 2019 | 12:05 pm
B2Gold sells Nicaraguan mines to Calibre for $100m The El Limon and La Libertad mines have produced more than 1.4 million ounces of gold since 2010. Jackson Chen | July 2, 2019 | 11:14 am
German lender pulls out of coal as Merkel vows greener finance KfW Group will no longer finance the exploration or mining of coal or lend to coal power plant projects. Bloomberg News | July 2, 2019 | 9:39 am