Barrick to begin layoffs in PNG as lease dispute deepens

The move comes as the Asian country is launching a new program this week that aims to attract mining exploration.

The global exploration sector continues to struggle against strong market headwinds, a new reprt shows.

Rate of corporate defaults could be double historical average going back to 1920 says new study.

The Switzerland-based mining and energy giant lost $5 billion in 2015.

As a country, however, Canada is falling out of favour.

The country is imposing an excise duty of 1 percent on gold and diamond jewellery.

Combined output topped 30 million ounces in 2015.

The graph plots GDP per capita vs. share of world population for each country, highlighting the major differences between 1970, today, and the projected near future.

As part of the government’s ongoing efforts to reduce industrial overcapacity.