GE to exit new coal projects
The energy giant said that the measure may involve divestitures, site closings, job losses and impacts to publicly held subsidiaries.
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Hochschild Mining presses reset on Peruvian operations
Its San José mine in Argentina is slated to reach full production in the fourth quarter.
UEC increases public offering to $15 million, stock tanks
Shares of Uranium Energy Corp. plunged 18.6% at market close Monday.
Monday mining massacre as gold, copper, iron ore prices tank
Gold price falls $70 an ounce, copper drops over 3% and iron ore rout accelerates, sending shares in major mining companies skidding.
Gold miners insist they won’t splurge despite price surge
Miners are opting to give more cash back to shareholders rather than plotting takeovers.
Santacruz Silver shares up on Palisades investment
The resource-focused merchant bank will invest C$3 million in the silver junior.
‘Free money’ for banks as investors pile into fractured gold market
The world’s largest 50 investment banks are on track to double their income from precious metals this year.
Rio Tinto has not formally committed to review threatened sites, Aboriginal group says
Group says the company has not formally committed to review the terms of an iron ore mine development that would let it destroy 124 culturally significant sites.
Vale’s mining dams are still a risk, company must do more, Brazil prosecutor says
Prosecutors said the company has not complied with a number of commitments signed with authorities to prevent a new disaster.