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By: Henry Lazenby Updated 3 hours ago The world’s largest gold producer by output Barrick Gold has missed Wall Street analyst’s average first-quarter earnings forecast, as lower metals prices and lower sales impacted the bottom line. For the three months ended March 31, TSX- and NYSE-listed Barrick reported net earnings of... →
By: Henry Lazenby Updated 4 hours ago An updated mineral resources statement for TSX-listed Eastmain Resources’ Eau Claire gold deposit, part of the Clearwater project, located within the James Bay region of Quebec, had increased the compliant measured resources by 53% and confirmed the project as the second highest-grade exploration... →
By: Reuters Updated 6 hours ago Greece's top administrative court on Monday rejected a 2013 decision by local authorities in northern Greece which had blocked Eldorado Gold's plans to build a processing plant in the area, court officials said. Canadian miner Eldorado has spent about $400-million at a gold mine in Skouries in... →
By: Reuters Top aluminium producer United Company Rusal will start producing metal at its Boguchansk project, in Russia, by June and will ramp up output over the following year depending on demand, the company's chief executive said on Monday. Weak aluminium prices are forcing many producers to curtail... →
By: Reuters Dubal Holding, the holding company for Dubai's stake in Emirates Global Aluminium and other assets, is considering possible acquisitions in local and international energy projects, it said on Monday. The firm was looking for equity interests related to coal, solar, gas, and other alternative... →
By: Reuters Brazil's Vale has chosen Barclays to advise it on the sale of some or all of its Australian coal assets, two people close to the situation said on Monday, as the company looks to raise money to ride out the commodities rout. →
By: Reuters Mongolia signalled on Monday it will not abide by an international tribunal's order to pay more than $100-million to Canadian uranium explorer Khan Resources. A decision not to pay the sum, awarded to Khan in a incensing dispute, could set back efforts by the government of the landlocked Asian... →
By: Henry Lazenby Canadian uranium explorer U3O8 Corp has signed an exploration agreement with the provincial petroleum and mining company of Chubut province, Argentina, which would allow it to explore properties located next to its own Laguna Salada uranium deposit. Should it succeed to define resources on the... →