The country's government also sent warnings to three companies as it looks to kick-start development of its vast mineral resources.

Despite hot metals markets the revenge of the miners, as Robert Friedland would have it, is still a dish best served cold.

Country has taken longer than expected implementing a new law that grants municipalities more say in mining projects.

The Canadian miner churned out 104,137 ounces of gold in Q1, which marked a year since it began commercial operations.

The mining giants are joining forces in the Charge On Innovation Challenge to attract innovators to develop new concepts for large-scale haul truck electrification systems.