Newmont sells New Zealand mine to OceanaGold for $101 million
The deal also includes a $5 million contingent payment and a 1% royalty on a recent discovery north of Waihi’s current operations.
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China’s five year plan and the end of an era
At its centre will be a shift of emphasis away from trade with the advanced nations, whose prospects are bound to subside towards their level of economic growth.
Mining investments in Chile to reach $64 billion by 2025 — report
According to the state copper commission, Chile’s portfolio of planned mining investments remains the largest in Latin America.
Pacific Potash risks mining rights in Brazil over $2.1 million tax debt
This is not the first time the company’s rights for its Amazonas project have been at risk of being revoked for failure of tax payments.
Southern Copper mulls extending Tia Maria project halt
The company could extend a 60-day pause in effect since late May to allow locals more time to clear up their doubts about the project’s environmental impact.
Gold mining still most significant source of income in Africa, Asia — WGC
Mali, Papa New Guinea, Burkina Faso, Guinea, Tanzania, DRC and Mongolia among countries where gold mining contributed the most to their locals economies, says the World Gold Council.
Using satellites to move millimetres of earth
A 40 to 60 per cent increase in productivity.
End of an era as largest gold ETF drops out of top 10
In May more than $900m left GLD, world's top physical gold-backed ETF, dropping the fund to number 11 in rankings it briefly led four years ago.
Hecla to pay $600,000 penalty for water pollution violations
Tailing ponds discharge.
