Firestone to delist, trim board on tough diamond market
The decisions seek to reduce costs and ride out the sector's lingering weakness.
Latest Stories
Egypt seeks Midas touch with new gold-mining exploration tender
The first bid round since 2017 will be held from March 15 to July 15, with subsequent ones taking place every four months.
Western Australia is world’s new top mining destination
No Canadian provinces made the top ten list this year.
Deal activity drops over 5% in Canada’s mining industry in January
M&A was the leading category in the month in terms of volume.
Freeport CEO says ‘everybody is on edge’ with virus uncertainty
Richard Adkerson says that shutdowns in China are causing a buildup of exchange stockpiles.
‘Nail in the coffin’: Era of big oil sands mines may be over
Cancellation of Teck project in Alberta epitomizes the struggles of an industry that has seen most investors flee.
Barrick and Newmont to reduce coal use at Nevada JV
Conversion of TS Coal Power Plant into a facility that also produces power from natural gas can cut carbon emissions 50%.
Paper money rejection is gold’s Minsky moment
China, Russia, Turkey and others, are already moving away from pricing trade in US dollars and buying US debt.
Japan Gold shares jump on Barrick alliance
The partnership spans 28 out of the firm's 30 current projects.
