October 21, 2016 Acacia Mining soars after revising gold output forecast up Stock climbed 12.94%, closing the session at 529p.
October 21, 2016 Refiners lash out at regulators plans to force banks cover gold holdings Under the new rules, banks will need a higher ratio of longer term, more pricey funding against the precious metal on their balance sheets, they argue.
October 21, 2016 Mexico’s mining sector to reach $17.8bn by 2020 on the back of silver, zinc prices The country's sector, dominated by precious metals and zinc, will be well-positioned for the expected price outperformance of these commodities, shows new report.
October 20, 2016 Glencore sells Australia coal rail unit for $874 million With the deal, the Swiss group is only a step away from meeting chief executive Ivan Glasenberg’s target of $5bn in assets sales this year.
October 20, 2016 Done deal: Centerra Gold buys Thompson Creek for $1.1 billion With the deal Centerra gets its hands on Mount Milligan, a large mine in British Columbia and reduces its reliance on Kumtor mine, in Kyrgyzstan, for cash flow.
October 20, 2016 Rio Tinto to ship less iron ore despite increased demand from China Smaller rival Fortescue Metals went the opposite way — it increased iron ore exports by 5% in the Sep. quarter.
October 20, 2016 2017 not so good for nickel: BMI BMI predicts that in 2017 nickel prices will start to moderately decline, as the global market moves into 27.2 thousand tonnes surplus.
October 20, 2016 BHP Billiton to lose chairman Jac Nasser next year He said he had intended to announce his retirement last year but chose to stay on while BHP dealt with the aftermath of the Samarco mine disaster in Brazil.
October 20, 2016 Mergers and Acquisitions: An integral component contributing to the growth of the mining equipment market Advancement in technology and increase in mining activities contribute to the growth of the mining industry.
October 20, 2016 Cat scales back room and pillar business CAT said it remains committed to existing customers.
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
