Samarco offers creditors shares or 85% haircut – sources
The collapse of a dam at the Samarco mine complex in 2015 killed 19 people and severely polluted the Doce River with mining waste.
Latest Stories
‘People have awakened’: Peru’s Castillo closes in on election win
Socialist Pedro Castillo was closing in on victory in Peru's presidential election on Thursday, holding a slim lead of some 63,000 votes over conservative rival Keiko Fujimori.
Apple hires former BMW executive for car project
Apple has hired Ulrich Kranz, a former senior executive at BMW's electric car division, to help its vehicle initiatives, Apple confirmed on Thursday.
Diamond pricing: Learn the lessons of history or history will repeat itself
Diamonds are a complicated business; more than almost any other resource sector, the pricing framework needed to be accurate. It wasn’t.
Royal Helium to start second drill program in Saskatchewan this summer
Alongside drilling new wells, testing will continue focused on the Wymark zone that reported elevated levels of helium that have not yet been perforated or production tested.
British Columbia reaches reconciliation with Tahltan Nation over land use
The agreement will likely see new restrictions on jade and placer mining in Tahltan territory.
Gold Mountain speeds toward first production at Elk Gold in BC
The company received a draft mining permit for the project on June 8, with a final permit expected to follow shortly.
Diamonds Snapshot: Eight Canadian companies ready for discovery
After a 2020 saw a near shutdown of the diamond market for half the year as a result of pandemic-related travel restrictions, diamond prices have bounced back in 2021.
CHART: Top miners leave money on the table amid copper price rally
Copper output from biggest producers disappoints with one glaring exception – Freeport McMoRan going underground at Grasberg.
