Elliott-funded Avocet to shut shop in face of high debt
The miner, which has been making losses on an operating basis since at least 2013, had total debt of $32.2 million as at June 30, 2018.
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Chuquicamata strike to dent Chile’s copper output
Analysts forecast a 2.8% decline in the country’s June copper output.
Oil rebound drives Canada’s best 2-month GDP gain since 2017
Canada recorded a second strong month of growth in April, driven by rebounding oil output.
Zambian court withdraws order blocking disposal of Vedanta unit assets
The case has intensified concerns among international miners about resource nationalism in Africa.
OceanaGold denies shutdown of Didipio copper-gold mine
Australia’s OceanaGold (ASX, TSX: OGC) said Friday that rumours about a halt of operations at its copper-gold mine in the Philippines were just […]
BHP settles dispute over iron ore royalties with Western Australia in $175m deal
Payment ends row over taxes allegedly owed by iron sales made through BHP’s Singaporean marketing arm.
Minera Alamos one step closer to changing land use at Santana gold project
Mexico's Secretariat of Environment and Natural resources notified the miner of the successful completion of the technical review phase of the company's applicatiion.
Greatland optimistic about field work at Panorama project
The company says that field reconnaissance and surface geochemical work will further investigate the presence of outcropping gold mineralisation over several kilometres.
Death toll rises at Glencore mine in Congo after collapse
Army will deploy at the KOV open-pit mine as the search for more victims continues.
