Cliffs scoops up Barrick executive Halverson and names him CEO
Effective Nov. 18.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Dominion Diamond applies for Ekati mine extension permit
It would extend the life of the mine by 10 to 20 years.
Rio sells stake in Clermont coal to Glencore for $1bn
The mining giant is selling its 50.1% stake in Clermont coal mine to a company jointly owned by Glencore Xstrata and Sumitomo Corporation.
Japan tests in Chile bacteria-based method to revive depleted copper mines
The revolutionary process would make possible to resume mining operations in most abandoned copper mines.
Angola’s diamond industry to regain record production levels —report
The country is also known for its significant gold and oil reserves.
Global exploration budget to fall 29% by end of the year
Despite this year's financial woes, companies continued exploring in as many as 127 countries, especially on high- or medium-risk jurisdictions.
Goldcorp profit hurt by prices, Argentina mine costs spike
The gold giant is deferring spending and suspending all exploration activity at the Cerro Negro project.
Mexican Fresnillo to pay $165 million special dividend
Seven months earlier than expected.
Suppliers Metso, Sandvik still hurting from slowdown
Metso's Q3 mining and construction orders fell 19%. Sandvik's net profit fell 22%.
Kyrgyz parliament rejects mining deal with Centerra Gold
Kyrgyz lawmakers said the government must agree on a new deal with Centerra by December 23 to raise the country's ownership to 67%.
Delays hit Gemfields ruby plant as Zambia mine reboots
Commissioning of a second processing plant at the Montepuez ruby mine has been postponed to September due to logistical setbacks.