IAMGOLD cuts 10% of staff at Rosebel Mine
Current gold environment necessitates cost cutting.
Current gold environment necessitates cost cutting.
Freeport-McMoran was up 9.97% on the news to $13.01.
Copper miner up nearly 7% after announcing cuts to its board and an "alternative course" oil and gas business acquired only three years ago.
He said the over 1,000 cubic metres of liquid cyanide spilled into a local river did not cause any environmental damage to justify keeping operations suspended.
Betting the gold price has reached a turning point, investors pile into gold stocks in massive volumes.
A team of scientists is warning that current level of water used by oil sands producers may not be sustainable.
Shares in Vancouver firm up 7% after inking debt-equity-streaming deal for 7 million ounce Brucejack underground gold mine near Alaska border.
Ivan Bebek’s path to junior mining success began in the late 1990s in a business class at Western University in London, Ontario.