Bankrupt Alpha Natural Resources lays off over 230 coal miners
This is the third time in a month the U.S. coal miner downsizes its workforce.
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Tahoe Resources adds Canadian gold mines to portfolio by buying Lake Shore
Tahoe Resources has agreed to buy Canadian precious-metals miner Lake Shore Gold in an all-stock deal valued at Cdn$945 million ($678 million).
Alecto Minerals strikes JV deal with Randgold for Mali project
Once deal is completed, Randgold would fund all costs, including the completion of a pre-feasibility study on over the former's Kossanto West Gold Project in Western Mali.
Mongolia’s Gatsuurt project faces uncertainty
The nation has struggled to manage its resources leading to disagreements and protests of mining operations.
It’s time to buy mining stocks, says Ross Beaty
Mining financier and entrepreneur Ross Beaty told an audience at the Vancouver Resource Investment Conference in late January that it’s a “phenomenal” time to buy resource stocks.
Government throws lifeline to B.C. mines
The B.C. government is throwing the mining industry an emergency lifeline in the form of deferred electricity bill payments that could be worth more than $300 million.
Cameco’s new uranium discovery revealed
Canada’s top uranium producer has a significant new discovery nearby to one of its largest existing mines.
China FX reserves fall almost $100 bln to lowest since May 2012
The size of the drop was second only to the $107.9 billion fall in December, the largest monthly decline on record.
Value of U.S. metal mine production drops 15%
The United States earned less from its mines in 2015 and became more reliant on outside sources for critical metals, according to a new report from the U.S. Geological Survey (USGS).
