Gold price correction brings renewed selling of mining stocks
August has been brutal for top gold miners with fresh selling hitting the sector on Tuesday as gold dips to June lows – Barrick's now down 20% for the month.
Latest Stories
Power affects FQM copper production in Zambia
Dependent upon diesel-driven power plants which supply almost 200MW of electricity to the FQM mining operation at Kalumbila, almost 120 kilometers west of Solwezi the provincial capital needs an extra 30 percent for it to operate at full capacity.
Mongolia wants Rio to speed up Oyu Tolgoi expansion
Once the underground expansion is completed Ouy Tolgoi would become one of the three largest copper mines in the world.
Potash Corp confirms merger talks with Agrium, shares halted
A tie-up could produce a fertilizer giant worth more than $30 billion.
Scientists find way to extract gold from old gadgets
Scottish researchers say discarded items of modern life contain as much as 7% of all the world’s gold.
This Aussie miner will pay shareholders in gold
Resolute Mining, a junior with operations across Australia and Africa, said the novel gold-linked dividend policy is a world first.
Equal opportunity distribution through asset financing in mining equipment market
Between lessor and lessee in the growing mining equipment market, an asset manager acts as the lynchpin.
Canada’s mining industry faces workers shortage of up to 127,000 — report
Experts warn Canada's mining industry faces a looming risk it's not ready to deal with — lack of access to workers with the skills needed in an upswing.
Foreign miners pull up stakes in Indonesia
Newmont Mining’s exit after more than 30 years illustrates mining companies’ growing difficulties there.