Veteran miner slashes wrists to keep Italy’s last coal pit open
49-year old Sardinian miner Stefano Meletti slashed his wrists in front of television cameras on Wednesday to protest the planned closure of Italy's last coal pit.
Latest Stories
I hope the Republicans do take us back to the gold standard
Gold enthusiasts and flat earthers are not the same.
Mexican army and police break protest at Excellon’s la Platosa mine
Close to 100 soldiers and officers of the Mexican Army and Federal and state police agencies broke through a peaceful protest taking place in front of the La Platosa mine, owned by a subsidiary of Canadian Excellon Resources, Inc. (TSX:EXN), according to a news flash by Mining Watch.
Iron ore freefall catches miners
Iron ore prices hit the lowest level since November 2009 on Tuesday as the commodity crashed 4.6% closing at $94.80. The dive proved a drag for producers of the commodity, particularly companies investing heavily to expand their production capacity.
Condor Gold surges on latest drilling results
Shares of London-based Condor Gold (LON:CNR) went up almost 11% Wednesday, closing at 125 pounds, as it revealed final results from its latest drilling programme at its 100% owned La India gold project in Nicaragua, Central America.
Gran Colombia gold announces additional purchases of shares by managers directors
Canadian Gran Colombia Gold Corp. (TSX:GCM), the largest underground gold and silver producer in the South American country, announced that senior managers and members of the board of directors have purchased a combined 380,000 common shares of the company.
Anglo American sheds workers as coal prices plummet
London-based Anglo American (LSE:AAL) has joined an expanding list of coal producers making staff cuts at specific Australian operations, after it announced it will cut at least 50 jobs when its Moranbah North mine reverts back to a single longwall operation.
Balmoral discovers three new areas of gold mineralization in Quebec property
Balmoral Resources (CVX:BAL) reported Wednesday that exploration drilling on its Martiniere Property, in central Quebec, conducted well outside the previously known extent of the site’s gold system, has intersected three new, broad areas of gold mineralization.
Talks start after deadly Lonmin strike in S. Africa
Managers, unions and workers at the troubled platinum miner Lonmin's (LON:JSE) Marikana mine, started talks with South African government mediators on Wednesday as thousands of miners continued a strike that has left 44 dead.
