Freeport shares sink after workers trapped at Grasberg mine
Freeport-McMoRan (NYSE: FCX) shares sank Tuesday after the company suspended operations at its Grasberg Block Cave underground mine in Indonesia,…
Category: Top Companies
Anglo American, Teck strike merger in decade’s top mining deal
Anglo American (LON: AAL) is acquiring Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK), Canada’s largest diversified miner, in a $50-billion all-share merger…
Rio Tinto to buy carbon credits from A$250M agriculture platform
Canadian pension fund La Caisse, together with Australia’s Clean Energy Finance Corp. (CEFC), is investing A$250 million in the launch of a…
Kinross cuts Asante Gold stake by nearly half
Kinross Gold (TSX: K, NYSE: KGC) has reduced its holding in Asante Gold (CSE: ASE) by nearly half following the…
Rio Tinto’s Simandou mine may come with costly refinery twist
Rio Tinto (ASX: RIO) may be forced to make expensive downstream investments in Guinea as the military-led government pushes for…
Cobre Panamá environmental audit ready to begin, says minister
Panama is expected to have all information necessary to make a decision on First Quantum’s (TSX: FM) shuttered copper mine…
Newmont plans sweeping job cuts in cost-cutting drive – report
Newmont (NYSE: NEM), the world’s largest gold miner, is preparing a major cost-reduction plan that could lead to thousands of…
Hochschild Mining plunges after slashing Mara Rosa guidance
Hochschild Mining (LSE: HOC) shares plunged on Wednesday after the company slashed its full-year production forecast from the Mara Rosa…
Ivanhoe maintains zinc guidance with early completion of debottlenecks
Ivanhoe Mines (TSX: IVN) says the debottlenecking program at its Kipushi zinc mine in the Democratic Republic of Congo was…
Rio Tinto overhaul cuts to three units, axes execs, reviews mines
Rio Tinto’s (ASX, LON: RIO) new chief executive Simon Trott has launched a sweeping overhaul of the miner’s structure, consolidating…