Warnings for safety violations at newly opened coal mine in Canada pile up — report
Donkin coal mine, in Cape Breton, has had at least 10 compliance orders and 29 warnings since it began producing in February, a report claims.
Latest Stories
Lucara Diamond lowers output target for the year, but pays divvy
The Canadian diamond miner now expects to produce between 265,000 carats and 285,000 carats, compared with the previously targeted 290,000-310,000 carats.
Russia’s Alrosa searching for 16 miners missing after accident
A total of 102 miners have been brought to the surface and another 33 miners have been located in the mine in Yakutia in eastern Siberia and are being evacuated.
Surprise! Gold prices have beaten the market so far this century
Spot gold finished July up more than 2 percent, its best month since February, when it returned 3.7 percent.
Global demand for gold drops 14 pct in first half of 2017 –WGC
Global demand for gold fell 14 percent in the first half of this year due mainly to a sharp decline in purchases by exchange traded funds, the World Gold Council said in a report on Thursday.
BC won’t charge Imperial Metals for Mount Polley dam breach
No charges will be laid under British Columbia’s environmental laws in relation to Imperial Metals Corporation’s Mount Polley tailings-dam breach August 4, 2014.
Sibanye Gold planning job cuts in S.Africa mines revamp
South Africa's Sibanye Gold will restructure operations in its domestic market, a move that could affect 7,400 of its employees, the gold and platinum miner said on Thursday.
Randgold reports 53 pct rise in H1 profit, cash pile mounts
African gold miner Randgold on Thursday reported a 53 percent rise in half-year profit and a mounting cash pile, and said it was well on the way to developing projects that will position it for an eventual increase in demand.
South Africa’s Gold Fields sells Darlot mine in Australia for $15 million
The buyer, Perth-based Red 5, is also acquiring Saracen Mineral Holdings' King of the Hills mine.