Echoing criticism of too much hype surrounding U.S. shale from Saudi oil minister last week, new report finds shale drilling still largely not profitable.
Dutch non-profit organization claims Rio and its Canadian subsidiary Turquoise Hill used a complex network of tax haven subsidiaries and lending money to itself at high interest rates.
Egypt-focused gold miner is paying a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.
U.S. President Donald Trump’s decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law.
Over the next six years, the company expects to deploy more than 150 autonomous haul trucks in the full program, which will be one of the largest investments in electric autonomous vehicles in the world.
Reuters reports Vale has hired bankers to put together world's first ever cobalt streaming deal worth up to $500 million at its Voisey's Bay mine in Canada.