Silver Lake eyes worst day in eight years as sales outlook disappoints
Shares of Silver Lake plunged as much as 24.2% during the session.
Latest Stories
Bolivian Indigenous group declares local emergency to counteract gold mining cooperatives’ actions
The Indigenous Peoples of La Paz Central Group issued a local state of emergency following an attempt by gold mining co-ops to modify the zoning of protected areas.
Chile’s Supreme Court awards $1.4 million to 31 of the 33 miners trapped in 2010
The Supreme Court ruling states that the National Geology and Mining Service and the Labour Directorate failed to comply with its legal obligation of conducting proper precautionary inspections.
The mining world turns to Saudi cash for critical metal supply
Saudi Arabia is seeking to take minority stakes in global mining assets that will over time help provide access to supplies of strategic minerals.
Saudi Arabia’s Ma’aden to acquire 10% of Brazil base metals firm
Ma'aden, has agreed to acquire a 10% stake in Vale Base Metals, as part of a strategy to invest in global mining assets.
Renewables are cheapest new-build electricity generation in Australia – report
Wind and solar have retained their position as Australia’s cheapest new-build electricity generation despite a 20% average rise in technology costs.
Crystallex gets priority in proceeds from Citgo owner share sale
The auction of shares in Citgo Petroleum’s parent company would help to pay $1.2 billion awarded to Crystallex as compensation for a gold mine seized more than a decade ago.
Samarco files judicial reorganization plan alongside creditors
The intent is to carry out transactions contemplated in a previous agreement that established a discount on the value of the company's debt.
Southern Copper getting more optimistic on stalled Peru mine
The company has been trying for years to convince local communities of the merits of the Tia Maria project.
