This is what happens to an oil company’s social license obligations when profits dive
In under a generation, social licence commitments have moved from a nice-to-have community relations extra to a regulatory necessity.
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Lucara Diamond unearths 342-carat rock at its mine in Botswana
The gem will be sold along with two other greater than 100 carat diamonds, also recovered at Lucara's Karowe mine.
Rio Tinto iron ore output up again, but exports fall
The miner shipped 72.5m tonnes in the quarter, up 9% from a year earlier but down 12% sequentially.
Why Kal Kotecha is still sticking with his New Year’s resolution
Kal Kotecha, founder and editor of Junior Gold Report, says now is the time to be buying resource stocks, especially gold equities.
Teck cuts dividend as coal continues downward slide
Canada’s largest diversified miner says slashing the dividend by two-thirds will allow it to keep generating positive cash flow.
Russia’s Alrosa diamonds output up 6% in Q1
The miner also said that revenue from rough diamond sales was set to reach at least $1.1 billion, even though its first-quarter rough diamond prices dropped by 3%.
Halliburton lays off 9,000 workers
Oil industry downturn is "unprecedented".
VIDEO: Imperial Metals posts Hazletine Creek clean-up work
The company has submitted plans to restart the mine.
Gold slips as Greek worries ease
Gold prices slipped Monday, after European Central Bank President Mario Draghi reaffirmed that debt-laden Greece won’t be forced out of the eurozone.