Locals ask Brazil to suspend Belo Sun’s gold mine licence
Opponents claim the miner intends to use cyanide, depositing toxic waste in a dam located just 1.5 km from the Xingu River, a tributary of the Amazon.
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Investors keep flocking to gold, push metal to three-month high
Gold last up at $1,242.20 an ounce, after hitting $1,245.40 earlier in the day.
Chinese race to grab Barrick’s stake in Super Pit hits roadblock
Minjar Gold is still waiting for Chinese regulatory clearance and hasn’t been able to secure funding for the $1.3 billion deal.
Rio Tinto logs first annual gain since 2013 on iron ore rally
Shareholders will be the main beneficiaries of the company's cautious approach to capital expenditure in the last three years as it will pay bigger-than-expected divvy of $1.70 per share.
Billion-dollar Alberta coal company goes bankrupt
A coal company in west-central Alberta that in 2011 sold for $1-billion is bankrupt, killing hopes that its mine might re-open in the first quarter.
Four dead after armed robbers storm DRC gold mine
An armed attack on the Twanziga gold mine in eastern Democratic Republic of Congo (DRC) Tuesday has resulted in four casualties.
Palisade’s top 3 uranium stock picks for 2017
On December 8, 2016, Palisade Research came out with a bold prediction – the bottom for uranium and uranium stocks was in.
U.S. repeal of mining anti-corruption rules will mean Canadian companies will have much tougher reporting guidelines
The repeal of a U.S. anti-corruption “resource extraction rule,” which passed Congress late last week, leaves Canadian companies with much tougher reporting rules than their American peers, putting the two countries on divergent paths.
Russia’s Alrosa January sales up 60%
The world's top diamond producer by output in carats fetched $358 million in rough gems and $7.28 million in polished rocks last month.
