January 12, 2016 Chile mulls scrapping copper funding for military Codelco chairman, Oscar Landerretche, wants the government to scrap the country’s Copper Law, which forces the firm to give 10% of its annual export revenue to the Armed Forces.
January 12, 2016 Endeavour silver production above expectations, but gold falls It mined 7.2 million ounces of silver last year, or about the same than in 2014, but gold output fell 4% to 60,000 ounces.
January 12, 2016 Eldorado Gold halts much of its mine construction in Greece, cuts jobs The decision comes after more than a year of confrontations with the Greek government that included permits being revoked and delayed several times.
January 12, 2016 Feeling abandoned, Saudi Arabia ups the ante Last week a major diplomatic crisis developed between Saudi Arabia and Iran over the Saudi execution of Nimr al Nimr, a charismatic Shiite cleric and anti-Sunni political activist.
January 12, 2016 Centerra Gold exceeds 2015 production guidance and announces 2016 outlook Figures include 520,695 ounces of gold from the Kumtor mine, in the Kyrgyz Republic, and 16,226 ounces of gold from the Boroo mine, in Mongolia.
January 11, 2016 Endeavour Mining leaves the ASX, shares plummet It said the move reduces its administrative, compliance and legal expenses, which could no longer be justified given the low levels of trading on the ASX relative to Endeavour’s TSX…
January 11, 2016 The world’s northernmost mines They are all located in just three countries: Norway, Russia and Canada.
January 11, 2016 Copper prices falling like it’s 2009 The fresh collapse dragged main producers down, with BHP Billiton, the world’s largest miner, hitting a decade-low.
January 11, 2016 Canadian Oil Sands claims victory over Suncor’s hostile takeover attempt The company is asking Suncor to disclose details of how shareholders reacted to its bid before last week’s deadline had to be extended until Jan. 27.
January 11, 2016 Arch Coal files for bankruptcy amid decline of US sector Miner seeks to cut $4.5 billion in debt.
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
