Worldwide mining disruptions

It also plans to review the legal status of the joint venture, while it negotiates with Ivanhoe to raise its stake to 20% from the current 5% it holds.

The news came on the same day Royal Bank of Canada downgraded Goldcorp’s stock to “sector perform” from “outperform,” citing concerns over the miner’s ability to continue paying its monthly dividend.

Production is expected to reach 110,000 barrels per day, bringing total production to 220,000 barrels per day.

They are calling the company's shareholders “not to pay the price of ignorance” when it comes to investing in the Solwara 1 deep sea copper, gold mining project in Papua New Guinea.

The miner continues to extract high-grade ore samples at its Amaruq deposit, near its Meadowbank asset, Nunavut's only fully operational gold mine.

A third of money raised is destined for Canadian projects while Australia's share of global total drops to only 5%.

ConocoPhillips and Husky have both suspended exploration in the play, scared off by the oil price rout.

The industry body said that instead of fighting fossil fuels, industrialized nations should try to make them cleaner.

The country's national pension fund has bought 15.9 million shares of Zambia's Consolidated Copper Mines-Investment Holdings for almost $80 million.