Kinross eyes expansions at its new gold mines in Nevada
Kinross, which operates two mines in Russia and also owns the problem-plagued Tasiast operation in Mauritania, seeks to strengthen its portfolio in North America.
Kinross, which operates two mines in Russia and also owns the problem-plagued Tasiast operation in Mauritania, seeks to strengthen its portfolio in North America.
Geoscience BC today released its Direct-Use Geothermal Roadmap, a comprehensive guide for communities and businesses to help them evaluate and develop local geothermal energy projects to stimulate economic development and reduce greenhouse gas emissions.
Gold's nearly $100 jump early on and copper's 4.5% meltdown split mining investors' Brexit fortunes.
Chief executive Andrew Mackenzie believes the iron ore market will take longer to balance out than other commodities due to an excess of supply coming on stream in the next few years.
30 million tonnes per year iron ore mine owned by BHP and Vale idle since November.
There are many factors in play causing volatility in the gold price but this has not effected the stocks which have performed well without any significant corrections.
Decision follows the West African country order to expatriates whose work permits were invalid to stop working.
Vale-BHP joint venture was shut after deadly dam spill in November – Samarco produced a fifth of global seaborne iron ore pellets supply before the disaster.
Broad-based advance for mining majors as gold price touches $1,300, iron ore holds $50 and copper price surges 4%
Wood Mackenzie expects to see further cuts throughout the year and investment levels continue to shrink as more projects are dropped and companies struggle to breakeven.