Barrick Gold sells four US mines for $720 million
The move would help the miner meet its ambitious target for reducing its $13 billion debt by $3 billion before year-end.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Nazi ‘gold train’ treasure hunters to scan site of alleged finding
The treasure-hunting pair is focusing only on non-invasive testing at the moment.
Peabody Energy to disclose more climate risks to investors
Peabody’s concessions came in response to a probe that found the company had not been forthright with investors and regulators about threats to its business.
Poland may stop producing coal until at least 2018
The new government is considering to stop production at several of its mines until at least 2018 in an effort to help prices by reducing a global oversupply.
Turkey approves environmental assessment for Centerra’s Oksut project
Construction of the gold mine, located in the south-central Kayseri province, should start in early 2016, followed by production by mid-2017.
Oil sands industry to remain under siege until 2020 on low crude prices
The gloomy outlook comes as the International Energy Agency predicts crude oil won't reach $80 a barrel until at least the end of the decade.
Gold recovers, but still heading for third-straight year of losses
The last time the yellow metal dropped in value for three consecutive years was between 1996 and 1998, and experts say prices will fall even further.
China smog at ‘record’ levels as coal burning for heating begins
Local authorities have issued the highest alert, warning residents to stay indoors.
BHP Billiton hits seven-year low in wake of Brazil disaster
Analysts estimate the accident is likely to keep the the Samarco iron ore mine shut until financial 2019, with clean-up costs exceeding US$1 billion.
Lonmin sees salvation, launches $407m rights issue at only 1 pence per share
The company has priced its $407 million share sale at a discount of 94% as it fights for survival after a near-collapse in the commodity's price.
How Rio–Glencore talks fell apart
In the end it wasn't about copper, iron ore or coal, but who was paying more.
