Gold gaps higher again after US output drops first time since Sep 2009
Gold at one-month high after worse than expected US jobs and manufacturing data indicate stimulus is here to stay.
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Metso targeting annual savings of around EUR 100 million through its global efficiency program
Metso has started a global efficiency program covering its continuing operations following the demerger. The program is designed to improve Metso's cost structure and operational efficiency and is expected to yield annual savings of around EUR 100 million in operational costs by the end of 2015.
Canada’s finest recognize CEEC Medal winners
A paper presented at the 45th Annual Canadian Mineral Processors Operators Conference in Ottoawa Canada this year has received the 2013 CEEC Medal. C. Wang, S. Nadolski, O. Mejia, J. Drozdiak, B. Klein co-authored the paper titled “Energy and Cost Comparisons of HPGR based circuits with the SABC circuit installed at the Huckleberry Mine”.
Global exploration budget to fall 29% by end of the year
Despite this year's financial woes, companies continued exploring in as many as 127 countries, especially on high- or medium-risk jurisdictions.
Goldcorp profit hurt by prices, Argentina mine costs spike
The gold giant is deferring spending and suspending all exploration activity at the Cerro Negro project.
Mexican Fresnillo to pay $165 million special dividend
Seven months earlier than expected.
Another bidder walks away from Rio’s Canada iron ore
China's Minmetals finds IOC too pricey at $3.5 billion according to a new report.
Agnico Eagle hits record production, 56% profit drop
Company has increased production forecast for the year.
Iranian lawmaker speaks out on 20% uranium enrichment bargaining chip
"Currently no need is felt for production of 20 per cent-enriched uranium."