Crystallex International Corp. and Venezuela agreed to settle a $1.2 billion dispute over the 2011 nationalization of a gold deposit in the South American nation.
“The one thing this industry does very well is mine gold at a loss,” Randgold Resources CEO Mark Bristow told analysts at a breakfast meeting on Friday.
Unionized workers at Escondida copper mine in Chile ended a 24-hour strike Friday but may put down tools again next week over company's planned layoffs.
The mining industry needs to ramp up productivity. The solution lies in adopting lean and design thinking approaches, following key several principles.
Osisko and Canadian Gold Miner Corp. have acquired a historical gold producer as well as an option for an exploration land package, both in Ontario’s gold-rich belt.