Centerra Gold Inc. (TSE:CG) has agreed to buy Thompson Creek Metals Company Inc. (TSE:TCM) in a US$1.1-billion deal that solves problems for both parties.
Accounting firm PwC found the globe's 40 biggest miners made a collective loss of $US27 billion ($37 billion) in 2015, the first loss across the entire industry, hit by China's slowing economy and a 25 per cent fall in commodity prices last year.
