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.
February 16, 2016 Request for Proposal Issued for Mining Observatory Data Control Centre (MODCC) Sudbury, Ontario, Canada (February 16, 2016) – The Centre for Excellence in Mining Innovation (CEMI), in partnership with SNOLAB, is pleased to […]
February 12, 2016 Argentina’s new government scraps mining taxes President Mauricio Macri has revoked a 5% tax imposed by the previous administration on mining companies.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
