Gold Fields withdraws $1.4bn offer for Kirkland Lake
The Johannesburg-based company, however, said it remained interested in a negotiated transaction.
Latest Stories
Canada’s Quebec launches online tool to help suppliers win up to $50bn in contracts
Platform aims to help local suppliers bid for contacts related to the Plan Nord, a provincial initiative to invest about $1.3 billion in infrastructure and other projects over the next five years.
Greece grants permit to Eldorado Gold’s Skouries mine
Decision is expected to put an end to years of confrontation between the Canadian miner and the Greek government.
Randgold, Newcrest join forces to explore Ivory Coast for more gold
The new venture is part of Randgold's ambitious plan to discover three new deposits in the next five years.
Thermal-fired electricity generation to decline precipitously in not-so-distant future
In its annual energy-markets forecast, the IEA remains behind the curve, but not as far behind as it was.
Are the Saudis about to reveal the best kept secret in oil?
Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades.
Miners increased spending positive, but far from reaching staff just yet
While most miners have managed to straighten the balance sheets, they have not began preparing to deal with a new looming risk —their ability to access workers with the skills needed in an upswing.
China relaxes coal mining restrictions as supply tightens
Fresh rules aim to counter surging prices for the nation’s top energy source.
Suncor Energy sees higher output, lower spending in 2017
Canada’s largest oil and gas company expects production to rise by more than 13% next year and spending to fall by more than $1 billion.
