Rio and Chinalco have decided to explore other options to realize value from the project.
The plants haven’t been running at full capacity after the court ruled last year that a change in regulations overseas couldn’t be a ground for increasing power prices.
Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013.
Yanzhou Coal Mining Co.’s high-profile acquisition of assets in Australia last year is set to pay dividends
While Kibali has been a crowning achievement for Randgold, it’s set to challenge Mark Bristow's trouble-shooting skills even before he takes over as CEO of the enlarged company.
The goal: to stop the metal’s use as a convenient financing tool for South American guerrillas, armed African rebels and drug traffickers.
Operating results were hurt by lower output of all metals from the company’s Peñasquito mine, while costs climbed.
Jair Bolsonaro is on the cusp of winning Brazil’s presidency, leading the latest polls by double digits, and the mining community is salivating.
Any strategic move would be possible -- as long as it’s in the best interests of shareholders.
The mining community is salivating.
SQM revealed a five-week delay in a project to increase annual capacity.
No final decision has been made, and it’s also not clear whether all three of Acacia’s Tanzanian gold mines will be brought back into Barrick.
While prices remain stagnant and demand uncertain, the company is churning out more stones than at any other time in the past decade.
After nine consecutive quarters of better-than-expected profit, Caterpillar Inc. still has some skeptics.
The deal is part of Jacobs’ strategy to optimize its portfolio with a focus on higher-growth, higher-profit infrastructure and commercial projects - CEO
Some 800 workers, including at the port San Juan de Marcona, have taken part in the indefinite strike after negotiations over a new contract broke down.
The yellow metal has risen about 3percent this month, after six straight months of declines that’s left it down almost 6 percent year-to-date.
Coronado Global Resources Inc. raised $550 million in Australia’s biggest coal initial public offering after selling securities at the bottom end of the marketed range.
Brazil's Vale expects the EV revolution to boost battery market nickel demand to as much as 700,000 tons in 2025, from just 36,000 tons this year.
The U.K. is currently just one of six EU countries allowed to import and export rough diamonds. Once stones enter Belgium and Portugal, they’re then free to move around the region.
Waterton Global Resource Management has expressed its concerns to Hudbay Chairman Alan Hibben, telling him that it would reserve the right to do anything it deemed necessary to improve the company’s performance, said sources.
With its biggest stock overhang and a deal around its flagship asset in Indonesia close to being solved, the miner has said all options are open, even potentially a sale of the entire company.
Hedge funds that doubled down on bearish gold wagers are facing a gut check.
BHP Billiton Ltd. is boosting sales of the top-quality nickel that’s needed for electric vehicle batteries, another sign that the world’s biggest miner is targeting more opportunities in the booming sector.