September 25, 2015

Argentine judge lifts Barrick’s Veladero gold mine halt

He said the over 1,000 cubic metres of liquid cyanide spilled into a local river did not cause any environmental damage to justify keeping operations suspended.

September 24, 2015

Renewables beat coal for first time in UK electricity mix

More than a quarter of the UK's electricity came from renewables this spring, official figures show.

September 24, 2015

Caterpillar to axe 10,000 jobs over next three years

It also revised its guidance for 2015 down, saying sales and revenues for the year are now expected to be about $48 billion—$1 billion lower than the previous outlook.

September 23, 2015

Argentina extends Barrick’s Veladero gold mine halt

Local judge had initially ordered a five-day suspension of the leaching process, but has decided to extend it “as a precautionary measure."

September 23, 2015

Gemfields mine in Zambia richer than initially thought

According to SRK, the company needs to spend $84 million over the first four years of the project

September 23, 2015

South Africa replaces mining minister on eve of massive job cuts

Given that ousted minister Ramatlhodi is considered the main person that helped end a five-month strike in the country’s platinum sector last year, Zuma's decision is being questioned.

September 23, 2015

BHP Billiton contributed $7.3 billion in payments worldwide, shows first related report

The mining giant acknowledged it used a Singapore marketing hub to minimize its tax expenses, but added it is paying its fair share worldwide.

September 22, 2015

Volkswagen crashes platinum price

World's largest automaker would actually need to buy more platinum to scrub emissions, but for now investors believe the scandal will hurt the whole sector.

September 22, 2015

World Coal Association calls for Climate Week to recognize role of all low emission technologies

The World Coal Association (WCA) has called on participants at Climate Week to recognise the role of all low emission technologies in reducing global CO2 emissions.

September 22, 2015

Copper leads fall in metal prices on China worries

So far, copper prices have failed to react significantly to news of supply disruptions, remaining more responsive to news from China, the world’s largest consumer.