After having their assets seized without due compensation, the London based Churchill Mining, filed a law suit against the island nation for $1.8 billion.
A delegation from the Australian state of Queensland will meet federal environment minister Tony Burke on Thursday to hammer out a deal on a massive coal project led by India's GVK and Hancock Prospecting after Burke halted the approval process.
Peru's Congress in a terse statement last night announced charges of “an incitement to the crime of rebellion” against Gregorio Santos, the province of Cajamarca’s Maoist governor who has lead violent protests against Newmont Mining's stalled Conga project.
Industrial labelling systems manufacturer, Graphic Products, Inc., will conduct a free mining webinar for safety, maintenance and operations managers on Wednesday, June 13 at 10 am, Pacific Time/1 pm, Eastern Time.
Canadian Kinross Gold Corp. (TSX:K, NYSE:KGC) said on Wednesday that workers at its Tasiast gold mine in Mauritania, West Africa, have initiated an unlawful work stoppage, halting mining and processing activity.
Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.
