February 22, 2016 Dominion Diamond upbeat on ‘positive’ pre-feasibility study for new Sable mine The Sable kimberlite pipe, for which permitting is already in place, could see mining beginning in 2019.
February 22, 2016 Zimbabwe orders diamond miners to halt operations Companies have been told to leave behind equipment and vacate their premises.
February 22, 2016 Barrick to spend about $2 billion in US, Peru gold projects The world’s largest gold miner also said it would redeem up to $750 million in notes to help cut debt by at least $2bn this year.
February 22, 2016 Crude prices to remain depressed until 2017 even with oil sands coming to ‘standstill’ — IEA Last year, the agency had forecast a "relatively swift" recovery. Instead, oil prices have continued to fall, hitting less than $30 a barrel, a level last seen in 2003.
February 19, 2016 Decline of coal demand is ‘irreversible’ Goldman Sachs report is the latest in a long line of grim warnings, all of which point to a future of shuttered power plants, mine closures, and bankruptcies.
February 18, 2016 Finning to cut up to 500 extra jobs this year, chairman steps down The layoffs are on top of the 1,900 positions Finning decided to axe last year.
February 17, 2016 Gold price recovery helps Barrick declare dividend The miner is set to report fourth-quarter results after markets close on Wednesday.
February 17, 2016 Wave of deals to shake the global gold industry in 2016 — report Gold miners to keep cutting cost, team up amid unusual market conditions that will continue boosting deals, says BMI Research.
February 17, 2016 Australia’s Northern Star puts Plutonic gold mine on the market Plutonic is the highest-cost of Northern Star's five mines, producing around 79,000 ounces last financial year at an all-in sustaining cost of $1550 an ounce.
February 17, 2016 New technology helping keep miners afloat but prices still under water Gold miners in particular have stepped up technology investment within a falling capex budget, as the metal price in producers’ currencies has held up much better than other commodities.
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
