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.
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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.
Czech coal miner NWR on the verge of collapse as rescue talks freeze
NWR warned that unless the government and creditors agree on the firm's restructuring by Friday, it would have to consider filing for insolvency of OKD.
Power cuts weigh on Randgold’s Ivory Coast mine output
Energy supply issues also hurt equipment at the miner's Tongon gold operation in the first three months of this year.