Newcrest Mining first-quarter output down, Wafi-Golpu project delayed

Imperial Metals (TSX:III) recorded a $37.3 million net loss in 2014, thanks largely to the cost of dealing with last year’s tailings pond failure at its Mount Polley mine.

Barrick Gold (NYSE:ABX, TSX:ABX) has settled claims with 11 women from Papua New Guinea who had alleged acts of sexual violence against them, including rape, at the Porgera mine in PNG over the last two decades.

Prime Minister Chimed Saikhanbileg said Friday his country should take charge of how long a dispute a expansion of the copper and gold mine has taken.

Despite the overall pessimism, mining CEOs remain just as confident on their own company’s growth as they were in previous years.

The gold industry’s leading trade body and half a dozen banks have agreed to explore the idea of establishing an exchange in London as the existing market faces greater regulation.

As several miners are in the process of shedding non-core operations to survive the current squeeze on the industry.

Toronto-based gold miner at this time does not anticipate impact to regional production guidance after freak floods damage its Maricunga mine.

But bottom won't be reached before gold price falls to a more than 5-year low in coming months according to comprehensive review by Metals Focus.

The ex-politician has recently accepted two high-paying positions in the private sector, including one as member of Barrick Gold's advisory board on international affairs.