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 22, 2016

Rick Mills: How to profit from the demands of a growing world population

As the world prepares to house, feed and care for 9.7 billion people, Ahead of the Herd founder Rick Mills is looking for the companies that will profit from the…

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

China shutting another 4,300 coal mines

Beijing will invest $4.6 billion over the next three years to close small and inefficient coal mines across the country.

January 21, 2016

Aussie mining tycoon Palmer promises ‘truth’ on massive job cuts at his nickel refinery

He said he would open up after a creditors meeting next week in Townsville, where his his Queensland Nickel company is based.

January 21, 2016

Samarco top executives take leave two months after Brazil dam burst

CEO Ricardo Vescovi and operations chief Kleber Terra were among those accused of environmental crimes by Brazil’s Federal Police earlier this month.

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.