Three missing after South African gold mine collapses, trapping 87
Trapped miners were brought to the surface through ventilation shafts.
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UK scientists develop new method to find copper deposits
Technique likely to become an inexpensive way to uncover rich copper deposits.
Something has changed in gold stocks
While good things are happening under the surface for Gold, its lack of a strong rebound in recent months argues that such a rebound is in the future but not imminent.
Happy day for miners: shares up by levels not seen since 2008
The biggest winner was Anglo American (LON:AAL), which briefly posted its biggest ever one-day percentage gain, closing later still 15% up compared to the previous session.
Centerra can go ahead with new gold mine in Mongolia
After a five-year delay, the country’s parliament has finally approved Centerra’s plans to mine the Gatsuurt gold deposit.
US scientists figure cost-effective way to extract rare earths from coal
The new mineral processing technique also makes the extraction environmentally friendly.
Suncor cuts spending by 10% after posting $2bn loss on writedowns
The Canadian oil giant lowered capital spending plan to between $6bn and $6.5bn from a November estimate of $6.7bn to $7.3bn.
Senior gold producer Goldcorp takes large stake in Nevada’s Gold Standard Ventures
Thibaut Lepouttre, editor of Caesars Report, speculates on why the major acted when and where it did, and what it might mean for the future.
The sub-mine crisis of 2016
The collapse of the global resources stock market capitalization will have severe consequences.
