Cliffs halts operations at West Virginia coal mine
The firm is halting its Pinnacle metallurgical coal mine in West Virginia for at least six months, unless market conditions improve.
The firm is halting its Pinnacle metallurgical coal mine in West Virginia for at least six months, unless market conditions improve.
The deal gives HudBay control over the Rosemont project in Arizona, which has the potential to become the US’ third largest copper mine.
World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.
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Agnico Eagle has agreed to sell its interest in Sulliden for $1.10 per share or roughly $29.7 million.
The project hosts a 6.7 million ounce deposit (average grade of 7.5g/t gold) which will immediately double Polymetal’s booked reserves.
Hudbay extends hostile takeover bid for junior Augusta Resources on Friday after shares in owner of the Rosemont copper project in Arizona are dumped.
Vale says mines are not economically feasible under current market conditions.
Ball is departing after 9 years.
Jundee is expected to lift Northern Star's production from about 350,000 ounces a year to about 550,000 ounces a year by 2015.