MINING.COM

Freeport axes oil and gas workforce as it posts sixth straight loss

The company, which is the US biggest miner by market value, is cutting 25% of its workforce to reduce debt.

Cecilia Jamasmie | April 26, 2016 | 8:00 am

Teck Resources posts better-than-expected profit as costs drop

Canada’s largest diversified miner logged a 38% increased in overall profit for the first quarter of the year.

Cecilia Jamasmie | April 26, 2016 | 6:38 am

Barrick Gold swings to quarterly loss, but trims debt further

The world's largest gold producer, reported a quarterly loss, compared with a year-earlier profit, as asset sales impacted production and realized gold prices fell.

Cecilia Jamasmie | April 26, 2016 | 4:40 am

Eldorado Gold to sell Chinese mine for $300 million

Jinfeng produced 149,655 ounces of gold in 2015 and is expected to generate 95,000-105,000 ounces of gold this year.

Cecilia Jamasmie | April 26, 2016 | 2:42 am

Reservoir Minerals acquired by Nevsun Resources

100% ownership in the upper zone of the Timok project in Serbia was created by the consolidation of these two companies.

Emma Crawford Hampel - Business in Vancouver | April 25, 2016 | 4:04 pm

Emerging trends in the mining industry

Despite the dilemmas in recent years, which continue to persist, emerging trends in the mining industry may offer solutions — or at least opportunities for improvement industry-wide.

Roy Bailey | April 25, 2016 | 11:44 am

Barrick’s fourth CFO in five years may be what shareholders were waiting for

Most shareholders hope that Catherine Raw persuades management to stop prizing output over profitability and, instead, place more emphasis on investors’ returns.

Cecilia Jamasmie | April 25, 2016 | 9:15 am

Freeport mulls selling minority stake in copper mine portfolio

Freeport McMoRan Inc. is considering selling a minority stake in its portfolio of copper mines, sources familiar with the matter said, one of the options on the table as the company scrambles to slash its $20-billion (U.S.) debt load.

Globe and Mail | April 24, 2016 | 2:58 pm

CAT chairman pours cold water on mining rally

"It is not clear at this time that the current prices are either sustainable or sufficient".

Frik Els | April 22, 2016 | 12:45 pm

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Mining key to transition to green economy

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