MINING.COM

Cliffs restructures Bloom Lake iron ore mine, seeks creditor protection

Chief Executive Lourenco Goncalves said restructuring proceedings have begun in Montreal and sale options will be explored.

Cecilia Jamasmie | January 27, 2015 | 8:03 pm

Yukon Zinc temporarily closing Wolverine Mine

Some crew will be assigned to care and maintenance.

Michael Allan McCrae | January 27, 2015 | 12:38 am

Rio Tinto to drop Oyu Tolgoi $1.6bn royalty if expansion gets ok from Mongolia

Documents obtained and verified by The Australian, show that Rio Tinto offered Mongolia to forsake a “net smelter return” of 2% cent of the project’s revenue.

Cecilia Jamasmie | January 26, 2015 | 8:31 pm

No recession for Alberta, just ‘zero growth’ as oil price nosedives

According to TD's latest report, real GDP growth in Alberta will inch forward by only 0.5% this year before speeding up to 1.8% in 2016.

Cecilia Jamasmie | January 26, 2015 | 7:18 pm

Zambia’s new leader to keep polemic mining tax

Newly elected President Edgar Lungu wants to keep mining royalties at 20%, as opposed to the 6% companies were paying a month ago.

Cecilia Jamasmie | January 26, 2015 | 5:00 pm

Cliffs Natural removes quarterly dividend to repay debt

It also said it has reduced its net debt balance by more than $400 million.

Cecilia Jamasmie | January 26, 2015 | 11:55 am

Percentage of mining workers under a salary freeze is double the Canadian average

But only one percent of miners expect a wage freeze in 2015.

Michael Allan McCrae | January 24, 2015 | 12:02 am

Centerra a step closer to moving gold project in Mongolia forward

The country’s parliament has designated its Gatsuurt Project as strategically important, paving the way for Centerra's application for the necessary approvals.

Cecilia Jamasmie | January 23, 2015 | 6:11 pm

Gabriel Resources says Romania holding gold project ‘hostage’

The company has been trying for 15 years to get a permit for Rosia Montana, poised to be Europe's biggest gold mine.

Cecilia Jamasmie | January 21, 2015 | 5:58 pm

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Barrick cuts 2020 guidance, faces $191m bill in PNG

Sunday Lake returns high grade for Impala, Transition

Cartier grows Chimo Mine property resources

Kinross doubles net earnings in Q1

Wesdome reports 76% jump in Q1 revenue

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