Gold mining giant Newmont (NYSE:NEM) has announced lay-offs at operations in Australasia in what the company says is a precursor to world-wide retrenchments.
Transition Metals (TSX.V:XTM) CEO Scott McLean gave an interview to MINING.com following the company’s unveiling of promising new gold assay results for its properties in the Abitibi Greenstone belt.
Three words that impress mine surveyors are tough, reliable and accurate. This is exactly how leading developer Maptek describes its latest I-Site laser scanning technology which will be launched at MINExpo in Las Vegas.
BMT WBM, a subsidiary of BMT Group Ltd, has announced the successful deployment of its innovative machine health, production and payload management system, the Pulse TerraMetrix RS for Syncrude Canada
Brazilian billionaire Eike Batista, number one on MINING.com's list of the world's wealthiest miners, is about to get even richer as the tycoon is in talks to sell a 49% stake in his gold mining company, AUX, to Qatar Holding, the investment arm of that country's sovereign wealth fund.
China and Venezuela have signed an agreement to jointly develop Las Cristinas gold mine, one of the world’s largest deposits of the shiny yellow metal, located near a town bearing the name of the mythical golden city of El Dorado.