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Shares of Iamgold have plunged 8.1% to $3.53 this morning at 9:48 a.m., easily outpacing the Market Vectors Gold Miners ETF 3.2% decline, Barrick Gold's 2.6% drop and Newmont Mining's 2.8% fall.
Diversified miner, Rio Tinto , has come under scrutiny for its uranium practices after it was made known that two of its operations experienced similar toxic spills within a week of each other.
Peabody Energy faces between $115 million and $130 million in costs associated with closing its Wilkie Creek Mine in Queensland's Surat Basin.
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Cliffs Natural Resources has announced that iron ore pellet production has resumed at the Empire Mine in the Upper Peninsula.
Limited , a subsidiary of Newmont Mining Corporation , today announced that it intends to redeem all of its outstanding exchangeable shares during the first half of 2014 , and that Newmont Holdings ULC has elected to exercise its right to purchase all of the outstanding exchangeable shares from the holders thereof on the redemption date for the ... (more)
Anyone who follows the gold market knows that the price of the metal, which is currently hovering around the $1,200 per ounce mark, has put much pressure on mining firms.
An ex-Glencore Xstrata Plc trader who was fired for drinking too much lost a wrongful-termination lawsuit against the company, with a judge calling the case "ludicrous."
The two top executives at Sunshine Oilsands Ltd. have resigned for undisclosed reasons, the Chinese-backed developer of northern Alberta oil sands and heavy oil leases said on Tuesday.
Dominion Resources will ship 500 million cubic feet of West Virginia natural gas per day to pipeline connections in Ohio, while the company will also lease 100,000 acres of Marcellus Shale drilling rights to Consol Energy.
BHP Billiton Ltd. , Australia's largest oil and gas producer, is studying expansion in Trinidad and Tobago , nominating the Caribbean nation as a potential third main production region along with the U.S. and Australia.
The facility currently has 169 employees. It is planning to expand its current 305,000-square-foot manufacturing facility and acquire additional equipment.
This morning, Consol Energy declared its quarterly dividend of 12.5 cents per share, maintaining the amount paid to shareholders the prior quarter.
Shares of Antofagasta plc opened at 24.97 on Tuesday. Antofagasta plc has a 52 week low of $23.34 and a 52 week high of $45.31.
Recently, Brazilian miner Vale rolled out its capital spending budget for 2014 .