Palladium One aims for first resource at Kaukua South discovery in Finland

The miner is completely exiting coal and selling several assets, to focus only on copper, diamonds and platinum.

Moody's worried about company's bulk portfolio, especially iron ore, while its radical restructuring "faces high execution risk".

All-in sustaining cost of gold is $US770 per ounce.

Morenci is an open-pit, copper mine located in Arizona. In 2015, FCX’s 85 percent share of Morenci revenues totaled $2.2 billion and production and delivery costs totaled $1.5 billion.

Taseko Mines Ltd. (TSX: TKO) is suing the federal government in B.C. Supreme Court and seeking unspecified compensation for a 2014 decision that blocked development of a proposed $1.5 billion gold and copper deposit.

Rio has a list of assets it’s keen to buy should they come up for sale, Chief Financial Officer Chris Lynch said

President Mauricio Macri has revoked a 5% tax imposed by the previous administration on mining companies.

Teck Resources and Freeport-McMoRan led a mining stock rally on Friday as surging oil prices provided relief for their foray into energy before prices tumbled.

The loss includes a Cdn$598 million impairment charge on its Fort Hills oil sands project in Alberta.