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Sherritt International Corp says more than 60% of global nickel output underwater despite recent price rally

TORONTO — Nickel prices have jumped almost 40 per cent since bottoming out in January, yet most miners of the steelmaking metal are still bleeding cash at a rapid rate. 559 more words

Mining

Millennial Appoints Iain Scarr VP of Exploration and Development

VANCOUVER, BRITISH COLUMBIA–(Marketwired – July 25, 2016) – Millennial Lithium Corp. (TSX VENTURE:ML), (“Millennial” or the “Company“) is pleased to announce the appointment of Iain Scarr as VP of Exploration and Development. 253 more words

Mining

Barrick Gold Corp weighs sale of $1.9-billion Acacia Mining stake: sources

TORONTO/VANCOUVER — Barrick Gold Corp, the world’s largest gold producer, is weighing a sale of its majority stake in African unit Acacia Mining Plc and has approached several South African miners, according to sources familiar with the situation. 134 more words

Mining

Sediment–Hosted Copper Deposits in Mexico

Sediment-Hosted Copper Deposits (SHCD) are known to occur in Mexico with the three most recognized localities in northern part of the country: Las Vigas and Samalayuca in Chihuahua and El Jabalí, in Cuatrociénegas area, Coahuila. 398 more words

Mexico

Who owns the world’s largest gold producers?

Institutional investors have become the dominant shareholders in the largest gold mining companies, with implications for their activities.*

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Commentaries

[Statement] ATM Statement on the SONA of Pres. Rodrigo R. Duterte

ATM Statement on the SONA of Pres. Rodrigo R. Duterte
July 26, 2016

Quezon City – ATM welcomes the clear pronouncements of Pres. Duterte related to environment concerns.  563 more words

Human Rights

Randgold identifies exciting new prospects in Côte d’Ivoire

Randgold Resources’ Tongon mine has completed the final phase of its extensive crusher expansion and mill circuit upgrade project and, having also dealt with an extended down time on one mill as a result of poor repairs to the journal and slipper pads following on from last quarter, is set for an improved performance in the second half of this year, chief executive Mark Bristow has said. 366 more words

Mining