Centerra Gold charged $98 million fee by Kyrgyzs court
Fresh string of penalties and fees are one of the latest signs of renewed tensions between the Kyrgyzstan government and the Canadian miner.
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Gold price rally boosts Canada’s mining sector growth
Strong performance also came on the back of strategic initiatives, such as non-core asset sales, aggressive cost control measures and a disciplined approach in reducing debt.
Idaho silver mine shaft sunk to final depth of 9,587 feet
Project to extend life of Hecla Mining's Lucky Friday silver mine beyond 2040.
Gold price drops to six-week low
Hedge funds scramble to dump 708 tonnes worth of longs on New York futures market as gold suffers worst trading day since March.
Iron ore price falls 5% – China scrap adds to oversupply fears
China's steel association warns accumulated steel output will exceed 10 billion tonnes in 2016 as scrap prices drop below pig iron costs inside the country.
State of emergency in Peru over mercury poisoning from illegal gold mining
The 60-day decree affects 11 districts in the Madre de Dios region, where several studies have found high levels of the toxic element in people, rivers and fish.
Kinross Gold workers strike at Tasiast mine in Mauritania, shares plummet
Mauritanian workers complain that there is a major gap between their salaries and Canadian expats working for Kinross.
Long-lost ship found in Namibian desert — with gold aboard
Diamond miners have found the remains of a Portuguese ship that disappeared on its way to India laden with gold and other treasure, almost 500 years ago.
Pit collapse at jade mine in Myanmar leaves at least 13 dead
It is the latest in a series of deadly accidents in recent months to hit Hpakant, where as much as 90% of the world's jade is mined, mostly illegally.
