Gabriel Resources President and CEO Jonathan Henry leaves the company

Mining companies today face a complexity of problems: spiraling costs, government intervention, deepening pits, lower ore grades, lack of community trust, and declining productivity are just some of the issues.

Global demand, however, fell to its lowest in nearly five years as Chinese buying slid by a third.

The news come only a day after the project executive director in Chile, Eduardo Flores, told local media that Barrick was hopeful it could find a way forward with the long-delayed mine.

Nominee Amarjargal Renchinnyam is a respected economist who could help bring Vancouver firm's $5bn Oyu Tolgoi copper-gold expansion project back on track.

To keep the lights on 30% of juniors need to raise money within six months, 59% within a year new survey shows.

After two and a half years in decline, the mining equipment market turned up slightly in the third quarter.

Finishing the project would take time and around $4 billion more of what Barrick has already invested.

These are the first cases to come out of a global probe into allegations of widespread rate-rigging in foreign exchange markets.

The world’s biggest copper producer will, in turn, procure goods and services from Canadian companies.