Coal miner TerraCom fires up A$63 million restructuring plan
The Australian miner aims to use funds to support growth ambitions.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Old boys’ club LME appoints first female chair in its history
Gay Huey Evans, one of the best-known women in European finance, will replace Brian Bender when he retires from the board in December.
Mining exploration in Mexico hits 12-year low
Foreign and local companies invested about $383 million exploring in Mexico in 2018, down 37.4% from the $612 million injected into the economy in 2017.
Australian junior Aurelia forgoes Glencore copper mine buy
The exploration and development company became the second Australian miner since April to back off from plans to buy the Glencore's CSA, in New South Wales.
Kinross mulls options to resume long-term operations in Chile
The Canadian miner may soon make a decision about returning to long-term production in Chile.
Barrick Gold to sell $1.5B in assets, but open to acquisitions
The goal is for the sale process to be well advanced by mid-2020.
BHP hit by $5 billion lawsuit over 2015 dam failure in Brazil
The group action suit describes in detail a series of failures and errors of judgment over several years leading to the collapse of the Fundão tailings dam in 2015, owned by the Samarco joint venture between BHP and Vale.
Newmont Goldcorp to account for over 7% of global gold output this year
The world’s largest gold producer by market value, output and reserves, is expected to churn out 8.4 million ounces of the precious metal in 2019.
SolGold confident in new major copper-gold find in Ecuador
The Australian miner believes that Cascabel and now Porvenir are the first in a long, large and rich string of copper-gold projects it will develop in Ecuador.
Minnesota environmentalists step up fight against Twin Metals’ copper project
Coalition has gone to court challenging a Trump administration’s decision that opened the door to Twin Metals’ copper, nickel and platinum project in a wilderness area of Minnesota.
Stausholm dismisses rift rumours as Rio opens $2B mine
The official opening of the Western Range iron ore mine may mark Jakob Stausholm’s final visit to the Pilbara in his role as Rio Tinto CEO.