Barrick braces for up to $3 billion in writedowns
The asset writedown is primarily related to two Latin American assets — Pascua Lama project, on the border of Chile and Argentina and Pueblo Viejo, in Dominican Republic.
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Canada’s Nevsun defends itself against abuse allegations in Eritrea
Should foreigners who allege human rights abuses against a Canadian company operating in a foreign land have their case heard in a Canadian court?
Gold maintains value despite oil and stock market crash
Investors should analyze 2016 year to date action as it is generally a good predictor of how the year will look.
CHART OF THE DAY: 1,200 days of pain and counting on the TSX Venture
Biggest loss in the past 25 years.
Terex® Finlay launch NEW I-140 impact crusher
The NEW Terex® Finlay I-140 direct drive ø1270mm x 1240mm (Ø50” x 48”) horizontal impact crusher with variable speed gives operators unprecedented levels of production in both recycling, mining and quarrying applications.
China shutting another 4,300 coal mines
Beijing will invest $4.6 billion over the next three years to close small and inefficient coal mines across the country.
Aussie mining tycoon Palmer promises ‘truth’ on massive job cuts at his nickel refinery
He said he would open up after a creditors meeting next week in Townsville, where his his Queensland Nickel company is based.
Samarco top executives take leave two months after Brazil dam burst
CEO Ricardo Vescovi and operations chief Kleber Terra were among those accused of environmental crimes by Brazil’s Federal Police earlier this month.
Randgold’s Tongon mine to build on benefits of capital projects
Randgold Resources chief executive Mark Bristow said the mine’s expansion and upgrade projects had now been completed.
