Cenovus posts smaller loss as production more than doubles
Company lost $69 million in its latest quarter as it more than doubled its production compared with a year ago.
Latest Stories
De Beers’ Victor mine closing doors in 2019
Firm has determined it's not economically viable to extend the life of the diamond mine, which can only be accessed by air year round, or by a winter road for five or six weeks in January and February.
Lower Q3 and Mali tax row take the glow off Randgold
Miner said full-year profit and output was on track despite a third-quarter dip, but its shares slid to a three-month low after its CEO did not rule out seeking arbitration over a tax dispute in Mali.
Acacia Mining top execs. quit amid ongoing dispute with Tanzania
The Tanzanian gold producer, majority owned by Barrick, has been locked in a months-long dispute with the local government.
Fatalities at SSR Mining Marigold mine in Nevada climb to two
The two employees were fatally injured as a result of contact between a haul truck and a van at the mine. Other eight individuals involved in the incident were taken to hospital with minor injuries and were subsequently released.
Stratex shareholders block Crusader mining deal
Shareholders of miner Stratex International blocked reverse takeover of Australian-listed Crusader Resources and voted CEO Marcus Engelbrecht out of office.
Peru mines minister sees investment up on high prices, permits
Mining investment in Peru set to fall for a fourth straight year in 2017, but Mining Minister Cayetana Aljovin expects it to bounce back in 2018.
Chile sees Codelco’s first lithium output in 6 to 7 years
Most of Chile's 7.5 million tonnes in reserves of lithium are found in brine deposits,and take at least seven years to develop.
Rio Tinto throws its weight behind Africa as mining central
Africa largest untapped source of growth for industry and would provide huge opportunity, says Rio Tinto's chief executive of energy and minerals.
