China’s Zijin hands $298 million to partner Barrick Gold
The cash injection comes from selling half of its interest in the Porgera mining operation to the Chinese group last May.
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Fire damages Canadian Syncrude equipment, forces firm to halt production
The incident adds to the firm's mounting challenges, including swinging to a loss, growing debt, unplanned equipment outages and Moody’s Investors Service recent cut of the company's credit rating.
Kazakhstan to remain top of uranium heap for next decade: Kazatomprom
The state-owned entity says it will preserve its leading position as extractor of natural uranium, by developing existing mines, building new ones and introducing technologies to lower the costs of uranium extraction.
No injuries reported from explosion at Syncrude
The blast happened early Saturday morning at the Mildred Lake site.
Resolute Mining ups gold reserves by 12%, to 5.3M oz
The news played well on the Australian stock exchange, with investors bidding up the stock 4 percent on Friday to 25 cents a share.
Gold: Bullish in real terms, bearish in nominal terms
Gold’s performance in real terms can be a leading indicator for the sector at key turning points.
Codelco now mines copper for $1.40 a pound
Chile's state-owned giant slashes costs 11% and boosts production as it takes the fight to the competition amid slumping copper price.
Iron ore price rallies again
A more than 4% jump on Friday erases week's losses and brings gains since July low to 28%.
First Quantum begins production at $2.1bn Sentinel copper mine in Zambia
The Vancouver-based miner aims to produce 280,000 to 300,000 tonnes of the red metal a year, but commercial levels won't be reached until state power utility Zesco finish connecting the mine to the power grid.
