January 25, 2016 Eldorado Gold to book up to $1.6 billion charge after halting work in Greece However, the company said it remains committed to having a presence in Greece and has budgeted $155 million in development spending at the Olympias project.
January 22, 2016 Moody’s puts 175 energy and mining firms on review as low prices bite Top miners BHP Billiton, Rio Tinto, Vale and Anglo American are among the firms at risk of rating downgrade.
January 22, 2016 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.
January 22, 2016 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?
January 21, 2016 CHART OF THE DAY: 1,200 days of pain and counting on the TSX Venture Biggest loss in the past 25 years.
January 21, 2016 CanAlaska adds to excellent uranium targets CanAlaska is buying back MC Resources Ltd. (Mitsubishi)’s 50% interest in the West McArthur project for $600,000 and a 1% royalty to MC.
January 21, 2016 Tata Steel scales down iron ore mining at Canada facility The company cited “challenging conditions” in the steel and iron ore markets as the main reason for such decision.
January 20, 2016 Greek court annuls Govt. decision to revoke Eldorado Gold licence The ruling comes only a few days after the Canadian miner decided to halt work at its mine in northern Greece, putting 600 jobs in the line.
January 20, 2016 De Beers lowers diamond prices to boost sales In a fresh attempt to counter weakening demand, the diamond giant is said to have cut prices by as much as 7% at the Jan. 18 sale.
January 20, 2016 Gold recovers some shine as global markets collapse Gold has become this year the best-performing non-agricultural commodity.
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
