Freeport axes oil and gas workforce as it posts sixth straight loss
The company, which is the US biggest miner by market value, is cutting 25% of its workforce to reduce debt.
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Teck Resources posts better-than-expected profit as costs drop
Canada’s largest diversified miner logged a 38% increased in overall profit for the first quarter of the year.
Barrick Gold swings to quarterly loss, but trims debt further
The world's largest gold producer, reported a quarterly loss, compared with a year-earlier profit, as asset sales impacted production and realized gold prices fell.
Eldorado Gold to sell Chinese mine for $300 million
Jinfeng produced 149,655 ounces of gold in 2015 and is expected to generate 95,000-105,000 ounces of gold this year.
Reservoir Minerals acquired by Nevsun Resources
100% ownership in the upper zone of the Timok project in Serbia was created by the consolidation of these two companies.
LiTHIUM X is not alone—profiling this marketplace darling and others in the sweet spot
After several years of bear markets for miners, many mining equities have lept upward in the last few months.
Hedge funds aren’t wavering on gold price rally
After raising bullish bets again last week, hedge funds have now gone long gold by a whopping 682 tonnes, but some see huge liquidation ahead.
Emerging trends in the mining industry
Despite the dilemmas in recent years, which continue to persist, emerging trends in the mining industry may offer solutions — or at least opportunities for improvement industry-wide.
Barrick’s fourth CFO in five years may be what shareholders were waiting for
Most shareholders hope that Catherine Raw persuades management to stop prizing output over profitability and, instead, place more emphasis on investors’ returns.
