Joy Global surprises with quarterly profit, shares jump

High exploration costs are to blame.

Citizens’ groups, backed by the radical leftist party Syriza that is now the second largest group in parliament, have been trying to wreck the project since 2011, when Eldorado was granted its exploration licence.

Alamos is after Aurizon’s only operating gold mine, Casa Berardi, in northern Quebec.

First Quantum said Inmet is trying to sabotage the takeover, while Inmet suggested its counterpart’s complaints were dishonest.

Companies with presence in the country include Randgold Resources, RandSahara Mining, Taurian Minerals Mali, Holdor Ag, Robex Resources Inc. and PG Natyral Resources, among others.

The watchdog, known as OEFA, said the fines to mining firms accounted for 67% of the total collected.

Australia's Tungsten Mining’s director Charlton William Kable, 62, was swept away in a current, while attempting to rescue six students.

While the US interior department has launched a review of Shell’s whole Arctic oil drilling programme, mining projects look promising.

Country wants the Inter-American Commission on Human Rights (CIDH) to help it stop Goldcorp's Cerro Blanco project.