African Minerals CEO steps down after 3 yrs

African Minerals surprised the market on Tuesday when it said CEO Alan Watling intended to retire after just three years at the helm, following completion of an early stage in its key Sierra Leone iron-ore project. News of Watling's planned...

Riding out commodity uncertainty, producers limit output, close plants

While mining firms enjoyed massive profits last year as commodity and metals prices remained elevated in the first half of 2011, the US debt downgrade in August and the eurozone’s wobbles have brought about fresh fears.

Mining explosives maker benefitting from gold boom

The surge of mining and exploration activity rampant gold prices have brought to north-eastern Ontario have proved a double-edged sword for small explosives firm Nordex, which is listed on the TSX-V. On the one hand, business has been brisk for...