South Africa’s mining industry continues to face tough times — PwC report
Companies had no choice but to cut back on new developments, re-focus on profitable production rather than maximum production and to save costs.
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Australia’s biggest underground mine halts production
The power outage was the product of strong winds and heavy rain caused by what has been called “the most extreme weather system” that has hit the area in decades.
Namibia’s new uranium mine to triple country’s output by 2017
The country is poised to becoming the world’s third largest producer of the commodity, as the massive Husab mine begins production in October.
Protesters block access to Goldcorp’s Peñasquito mine
The Canadian miner said operations were unaffected, adding it expects the issue to be resolved quickly.
Kirkland to buy Newmarket Gold in Cdn$1 billion deal
The combined company, to be known as Kirkland Lake Gold, will have a market capitalization of about Cdn$2.4 billion and produce more than 500,000 ounces of the yellow metal a year.
No rapid rebound for African mining
Despite continued investment in copper assets on the continent from China and India hunting for coal mines.
Extreme pollution forces China to shut down hundreds of coal, steel operations
The country’s state planner said it would also set up a no-coal zone in cities around Beijing in 2017 to try reducing the capital's hazardous smog levels.
Another roadblock for Blue River’s project in Washington state
The Canadian company’s plans in the Okanogan County are now on hold.
