Cerro Matoso owes Colombia more than $56M in royalties
The mine applied incorrect discounts to its royalty payments over several multi-year periods.
Latest Stories
Lithium giant’s wobble shows meeting demand growth not so easy
SQM revealed a five-week delay in a project to increase annual capacity.
Newmont’s Merian mine hits 1 million ounce milestone
Merian has an estimated mine life of 15 years and is exploring on other parts of the property.
Nighthawk hits high-grade at Treasure Island in NWT
Treasure Island is the northern-most project that is considered the most “fertile gold camp.”
B2Gold completes expansion study for El Limon mine
The expansion is seen as a step in the right direction for BTO to hit its long-term 1 million oz. per year target.
De Beers to build Chidliak as FutureSmart mine
De Beers acquired Peregrine and all its Canadian projects in a friendly deal in September for 24 cents a share or $107 million.
Kenya wins case against Cortec Mining on rare earths, niobium licence
Tribunal orders the companies to pay costs of around $3.5 million to the government.
US Shale has a glaring problem
To outward appearances, the U.S. oil and gas industry is in the midst of a decade-long boom, however, "America's fracking boom has been a world-class bust."
CITIC goes after Palmer’s Mineralogy over iron ore project claims
Aussie mining tycoon Clive Palmer is being sued by China’s largest conglomerate, CITIC, over his alleged “refusal” to co-operate in making more land available on a major iron ore project in Western Australia.
