July 27, 2015 $60 billion in oil sands projects frozen due to crude prices collapse — report And oil prices keep falling — they have kicked off the week in the red, with U.S. prices trading below $48 a barrel.
July 27, 2015 Indian miner to expand operations at Rio’s former Mozambique coal assets ICVL wants boost annual production at its Benga mine from 5.3 million tonnes to 13 million tonnes in the next five years.
July 27, 2015 Alrosa’s biggest diamond mine goes underground The company has officially shifted operations at its flagship Udachnaya mine from open-pit to underground mining.
July 27, 2015 China’s biggest one-day stocks drop in eight years lifts gold prices Monday’s was the biggest one-day decline in Chinese stocks since an 8.8% drop on Feb. 27, 2007.
July 24, 2015 Anglo American to axe 53,000 jobs, put 15 assets up for sale “It is a pretty tough market,” said Chief Executive Mark Cutifani, “and in all likelihood the next six months are going to be even tougher.”
July 24, 2015 Canadian court to hear Stans Energy appeal over Kyrgyz Republic’s unpaid $118M The frozen payment corresponds to what the Kyrgyz Republic was told by an international arbitration court to give Stans for revoking its rare earth mining licenses in the country.
July 24, 2015 Canada-owned oil sands mine in Utah to begin producing in fall Calgary-based U.S. Oil Sands is working through the summer to complete a 2,000-barrel-per-day oil sands mine in eastern Utah, one of the country's first commercial operation of this kind.
July 24, 2015 Mining firms should act now to stay ahead of local content rules Global miners could be at risk of losing valuable exploration and operating licences unless they step up their efforts to award work to suppliers in the locality of contracts.
July 23, 2015 Vale adds to iron ore supply glut — second highest ever quarterly output The world’s largest iron ore producer continued to flood the market despite a current oversupply that has sent prices for the commodity plummeting to historic lows.
July 23, 2015 Global miners improve policies on community consent, while oil and gas lag Implementation of “free, prior and informed consent” policies vital tool to prevent conflict and costs to companies, reveals study published Thursday by Oxfam.
Chile’s Mantoverde copper output hit as labor talks stall, union says The labor authority had notified that the company will not have emergency personnel from the union to keep facilities operational. January 12, 2026 | 11:18 am
