The litigation alleges that the 30 named miners, including big names such as AngloGold Ashanti (NYSE:AU), Goldfields (NYSE:GFI) and Harmony Gold (NYSE:HMY), knew of the dangers posed to workers by silica dust for more than a century.
The world’s number 1 copper producer Chile said copper prices will fall in the $3.60-$3.80 a pound range this year, beating the 2012 average of $3.61 per pound.
As part of a long-awaited review of its operations in South Africa, Anglo American Platinum (Amplats) has decided to close and sell off several of its mines, leaving over 14,000 workers unemployed.
After only five months of kicking-off operations at the Dominican Republic’s Pueblo Viejo gold deposit, one of the largest in the world, Barrick and Goldcorp said the mine has achieved commercial production.
Citizens’ groups, backed by the radical leftist party Syriza that is now the second largest group in parliament, have been trying to wreck the project since 2011, when Eldorado was granted its exploration licence.
