The body, which looks into the way the Polish state operates and how it spends public funds, says the company has spent more than $5.2B in three years in the underperforming Sierra Gorda mine.
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Polish Audit Office blasts KGHM acquisition of Chilean copper mine Read More »
But global gold-backed ETF flows remain positive on the year ($1.7 billion) on the back of strong inflows in January.
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Gold-backed ETFs fell in February, following four months of inflows Read More »
Company cited uncertainty about the global diamond industry as one of the main reasons for choosing not to pay a divvy.
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Gem Diamonds posts record results, but withholds dividend Read More »
The Woodsmith mine will be one of the world’s largest in terms of the amount of resources extracted — It’s set to generate an initial 10 million tonnes per year of polyhalite, a form of potash used in plant fertilizers.
The post Sirius Minerals puts alternative plan for potash project on the table appeared first on MINING.com.
Sirius Minerals puts alternative plan for potash project on the table Read More »
The Manchester-based company had agreed to acquire Neo for $612 million in cash and stock.
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Luxfer’s acquisition of Neo Performance falls through Read More »
The hit comes just days after the miner’s investors were handed a $4 billion special dividend.
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Rio Tinto’s shares take hit following two analyst downgrades Read More »
The Rovina project site is in the historic mining district known as the “Golden Quadrilateral” — one of the largest gold-producing areas in Europe.
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Euro Sun’s stock jumps after securing financing for Rovina gold project in Romania Read More »
The diversified miner’s CEO Mark Cutifani earned $72,000 per day last year.
The post Never a bad day at the office for Anglo American execs appeared first on MINING.com.
Never a bad day at the office for Anglo American execs Read More »
Geologists believe asteroids are packed with iron ore, nickel and precious metals at much higher concentrations than those found on Earth, making up a market valued in the trillions.
The post Mining the moon ready to lift off by 2025 appeared first on MINING.com.
Mining the moon ready to lift off by 2025 Read More »
The rock, a unique transparent one with a visible yellow shade and of gem-quality, is the second major find since the launch of the Verkhne-Munskoye diamond deposit.
The post Alrosa finds gem-quality diamond weighing almost 100 carats appeared first on MINING.com.
Alrosa finds gem-quality diamond weighing almost 100 carats Read More »
