August 9, 2015

BHP Billiton axing other 380 jobs at its Olympic Dam

The cuts represent 14% of what was once a 4,300 workforce.

August 9, 2015

British investment fund to buy Anglo’s mines in Chile

According to local newspaper El Mercurio, the unnamed fund is buying Anglo's Mantoverde and Mantos Blancos copper mines.

August 8, 2015

Canada investigating mysterious death of 30 herons at Syncrude oil sands

Inspectors are currently at the site, but haven't been able to determine how the birds died or whether others are injured.

August 8, 2015

EPA’s blows it — causes massive mine wastewater spill at Colorado rivers

While the U.S. Environmental Protection Agency was investigating pollutants at an old gold mine, it accidentally released an estimated one million gallons of mining waste into a creek.

August 7, 2015

K+S rejects again takeover offer from Potash Corp.

The latest offer was unchanged in its value, but included a more formal “business combination agreement,” K+S said

August 7, 2015

South Africa’s main gold union snubs final pay offer

Talks are set to resume on Wednesday, Aug. 12.

August 7, 2015

China is hiding gold… lots of it

While analysts keep trying to answer the burning question of how much gold China really has, the most recent theory indicates that it's at least 9,500 tonnes.

August 7, 2015

South Africa lets Glencore resume operations at Optimum coal mine

Mining Minister Ngoako Ramatlhodi has decided to conditionally withdrew a licence suspension ordered earlier this week.

August 7, 2015

Revocation of Australia’s largest coal mine licence ‘a sabotage’ — Abbot

His comments follow this week's decision by the federal court of Australia to overturn government approval for the construction of one of the biggest coal mines in the world.

August 6, 2015

If you’re selling gold, Russia’s buying

China's 600 tonnes in 6 years disappointed, but latest central bank data shows Russia again adding to its hoard as it diversifies away from the US dollar.