Former Anglo’s senior exec. said to have taken $3.5 million from firm
Instead of paying for mine equipment and services, the former project director sent the money to private bank accounts in Barbados and London.
Latest Stories
At least 18 Turkish miners trapped in coal mine after collapse
Initial media reports said the collapse occurred after water that had built up inside the mine coursed into areas where the workers had been located.
Canada’s oil sands group commits to environmental impact reduction
The head of a group of Canadian oil sands producers, including some of the world’s biggest energy companies, said Monday that the consortium has committed to reducing the use of fresh water at some operations.
Freeport-McMoRan’s profit down 32% amid lower copper, gold prices
The U.S. largest miner by market value and revenue is also dealing with a strike threat at its Indonesia's Grasberg copper and gold mine, which recently resumed operations.
Gold price: ETF investors cash out
The last time gold-backed fund vaults were this empty was September 2009 when gold was trading below $1,000 an ounce.
David Harquil on the gold streaming model and raising capital for miners
David Harquail joined well-known investors ‘Lucky’ Pierre Lassonde and Seymour Schulich in 1987, when Franco-Nevada was just getting its legs. He’s been with the company ever since, currently serving as CEO.
Oliver Gross says peak gold is here to stay
Midtier producers will soon be desperate to buy low-cost, high-quality deposits.
Mining CEO calls on fellow miners to halt physical silver sales to end the paper manipulation
I have always been in favor of mining companies holding back the sale of a portion of their metals when prices dip. Furthermore, they should hold reserves beyond the amount needed to run daily operations in gold and silver, not fiat cash.
Rapid Wide Area Mapping Capability in Serenity 1.1 Robotic Aircraft
ING Robotic Aviation, Canada's leader in robotic aircraft sensing solutions, is pleased to announce the launch of the next version of its Serenity fixed wing robotic aircraft system equipped with a wide area rapid mapping capability.
