Amplats settles with striking workers
Mine workers at Anglo American Platinum (Amplats) are going back to work, putting to rest a series of wildcat strikes that all but crippled the South Africa’s platinum mining industry.
Court Cases
Ontario’s ‘Ring of Fire’ courts controversy from railway union, aboriginal groups
Members of the Ontario Northland Transportation Commission (ONTC), a crown agency in charge of maintaining transportation and communications in Northern Ontario, voted unanimously in favour of a proposal by the General Chairperson’s…
Editorial: SA police fire on Lonmin strikers
It’s the kind of incident long feared since the end of apartheid in South Africa: members of the South African Police Service opened fire on striking workers at Lonmin’s Marikana platinum mine in North West province on Aug. 16,…
Editorial: Blood diamond victims get some justice
Another sad chapter in Africa’s modern history has come to a close. The former Liberian President Charles Taylor was convicted by the United Nations-backed Special Court for Sierra Leone in The Hague of aiding and abetting war crimes in…
Class actions now in session
The numbers are sobering: A $4-billion class-action lawsuit against Kinross Gold (K-T, KGC-N), a $1-billion claim against Baffinland Iron Mines, a $250-million claim against Agnico-Eagle Mines (AEM-T, AEM-N), a $66-million claim against Eastern…
It’s high noon for Anglo and Codelco at Los Bronces
A dispute between Anglo American (AAUKY-Q) and Chilean state-owned copper miner Codelco over the Los Bronces copper mine in Chile has devolved into a public spat in the Chilean courts and international press.
First Quantum to sell its DRC assets
First Quantum Minerals (FM-T, FQM-L) is putting an end to its troubles in the Democratic Republic of the Congo (DRC) by agreeing to sell its DRC assets and drop any related legal claims for US$1.25 billion.
Silvercorp rallies on audit findings
Silvercorp Metals (SVM-T, SVMN) looks to have been vindicated of fraud allegations in a forensic audit, leading to a sharp recovery in its share price.
Southwestern’s Paterson arrested
Vancouver – After a three-and-a-half year investigation involving police in Vancouver, Hong Kong, and China, John Paterson, founder and former CEO of Southwestern Resources, has been arrested and charged with nine counts of criminal fraud.
OSC levels new allegations against Agoracom’s Kondakos
In an amended statement of allegations, the Ontario Securities Commission has added new allegations to its list of charges against Agoracom Investor Relations Corp. and its two founders, Apostolis (Paul) Kondakos and George Tsiolis.
Minera Andes settles with Hochschild
It looks like Robert McEwen is at it again.While Goldcorp (G-T, GG-N) made him one of the mining world’s mor…
First Quantum fight gets nastier
The battle between First Quantum Minerals (FM-T) and the government of the Democratic Republic of the Congo (D…