Prior to the coronavirus outbreak, peak gold supply was becoming a real possibility. Now, with exploration programs halted or cancelled and project disruptions hampering production, the summit is in sight,…
Fortescue Metals Group (ASX: FMG), the world’s fourth largest iron ore producer, has brought forward a self-imposed deadline to be carbon-neutral by 2040, ten years earlier than its closest rivals…
A report by Fitch Solutions states that global gold mine production growth is expected to rebound in the coming years underpinned by higher gold prices and mergers between major mining…
Australia’s state of Queensland has granted Glencore’s (LSE: GLEN) A$1.5-billion (US$1 billion) Valeria coal mine the status of “coordinated project” in order to fast-track it, as the nation seeks alternatives…
Concerns about a new surge of coronavirus infections sent the S&P/TSX Composite Index down 3.77%, or 597.50 points, to finish the June 8-12 trading week at 15,256.57. Spot gold rose…
Coronavirus cases in the U.S. topped 2 million and fears of a rise in infections pummelled the stock market. The Dow Jones Industrial Average Index plunged 5.55%, or 1,505.44 points,…
BHP (NYSE: BHP; LSE: BHP) will place on hold part of its expansion plans for its South Flank iron ore project in Western Australia (WA), which would have destroyed dozens…
With a new strategy focused on diamonds that officially launched in March, just as the coronavirus pandemic began to spread across the globe, you might think that EHR Resources (ASX:…
The Northern Miner presents the top-10, Canada-headquartered mining companies by market capitalization as of late-June, 2020. 1. Barrick Gold Market cap: US$46.56 billion Barrick Gold (TSX: ABX; NYSE: GOLD) has…
Barrick Gold (TSX: ABX; NYSE: GOLD) has denied claims that it sought to unlawfully export gold from the Porgera mine in Papua New Guinea that it jointly owns with China’s…
Papua New Guinea (PNG) has threatened Barrick Gold (TSX: ABX; NYSE: GOLD) with criminal proceedings, claiming the company’s joint venture in the country was planning to illegally export US$13 million…
Belgium’s Financial Services and Markets Authority (FSMA) has broadened a probe kicked off in September 2019 into zinc firm Nyrstar NV that is looking into possible ties between the company…
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