Major uranium deposit discoveries may fuel Iran’s nuclear program
The controversial announcement comes on the eve of international talks about Iran's disputed nuclear program.
The controversial announcement comes on the eve of international talks about Iran's disputed nuclear program.
The precious metal producer posted higher quarterly profit and revenue compared with a year ago and said it expects to see at least a 20% increase in output for 2013.
The hefty impairment charge reflects higher-than-anticipated operating and sustaining capital costs at Lumwana.
IAMGOLD share price dip continues
The company said it is "inadequate and opportunistic."
Artisanal gold mining, the largest source of global mercury pollution in small-scale operations, is the only source of income for as many as 15 million people in 70 countries, mostly poor ones.
While miners that already hold licenses will be allowed to keep working in the area, the authority emphasized that those permits will not be renewed once they expire.
After only five months of kicking-off operations at the Dominican Republic’s Pueblo Viejo gold deposit, one of the largest in the world, Barrick and Goldcorp said the mine has achieved commercial production.
Trout Lake and Chisel North mines reach the end of their mine lives