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OceanaGold taps new chairperson

Dual listed gold miner OceanaGold announced that current nonexecutive director Paul Benson would succeed Ian Reid as nonexecutive chairperson, from October 1 this year. “It has been an honour to serve as the chairperson of the company. I am proud of what we have...

Coal miner awarded nearly $33m in insurance lawsuit

Coal miner Ramaco Resources was awarded a $32.7-million jury verdict in its lawsuit against insurance companies owned by Chubb. The claim arose from Chubb’s denial of insurance coverage of damages suffered by the company from the collapse of a coal storage silo at its...

BHP powers through with key commodity records

Western Australia Iron Ore. Image: BHP BHP has broken production records at the Goonyella Riverside metallurgical coal mine in Queensland and at its Western Australia Iron Ore (WAIO) sites after launching operations at South Flank in May. The company produced a record...

Quebec invests in gold developer Troilus

TSX-V-listed advanced stage exploration and development company Troilus Gold has closed a C$11.5-million private placement with the government of Quebec, through Investissement Québec (IQ). Quebec purchased an aggregate of 10.14-million units at a price of C$1.10 an...