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Rio Tinto cuts Canadian iron ore guidance

Rio Tinto cuts Canadian iron ore guidance

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has once again cut iron production targets for its iron ore operations in Canada, citing extended plant downtime and conveyor belt failures. Output from…


Newmont starts ramp-up at Peñasquito as strike ends

Newmont starts ramp-up at Peñasquito as strike ends

Newmont (TSX: NGT; NYSE: NEM), the world’s largest gold producer, has begun restarting operations at its Peñasquito mine in Mexico, after reaching a definitive agreement with striking workers last week….






Scotgold in advanced funding talks to avoid default

Scotgold in advanced funding talks to avoid default

Embattled miner Scotgold Resources, which operates Scotland’s only gold mine, said on Monday it was close to securing enough funding from a new strategic investor, which will help it avoid going into…





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