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.
July 23, 2015 Coal slump hits Teck’s profit, output forecast The Vancouver-based miner profit fell 21% in the quarter, making it adjust its 2015 coal production forecast to 25-26 million tonnes from 26.5-27.5 million tonnes.
July 23, 2015 Ned Goodman resigns from Barrick Gold board He will focus on a new business venture in resources and other hard assets, said Barrick.
July 23, 2015 About 10% of global gold output being produced at a loss While gold was moderately higher in early U.S. trading Thursday analysts agree the whole industry is on a bit of “a knife-edge.”
July 22, 2015 Iron ore prices hit by fresh evidence of looming surplus Seaborne with 62% content delivered to Qingdao dropped 0.7% to $51.76 a ton, its sharpest drop in two weeks.
Vale faces renewed safety concerns after mine water overflows The incidents, near the towns of Ouro Preto and Congonhas, left no injuries, the companies and Minas Gerais' government said. January 26, 2026 | 01:57 pm
