Recent Articles

UN report on Xstrata Nickel's Loma Miranda project to be presented in April

Posted on February 12, 2013

United Nations to report on Xstrata Nickel Dominican project

Central Bank of Chile: copper exports reached USD 3.47 billion in January 2013

Posted on February 9, 2013

Chilean copper exports reach 3.47 billion in January.

Russian Economy Ministry: UMMC Once Again Outpaces Norilsk Nickel in Terms of Copper Production

Posted on February 9, 2013

UMMC outproduces Norilsk Nickel in copper

Jiangxi Copper, Freeport-McMoRan Copper & Gold agree on 10% growth in processing charges for copper concentrates with foreign miners

Posted on January 19, 2013

Jiangxi Copper said that it has agreed with Freeport-McMoRan and another company on a 10% rise in treatment charges and refining charges of copper concentrates for 2013.

Chinalco's Toromocho copper project in Peru to initiate production in 4Q 2013

Posted on January 19, 2013

The copper, silver and molybdenum mine is estimated to produce 865,600 tons of copper concentrates a year by 2015.

Russian diamonds exempt from WTO regulations under Kimberly Process

Posted on January 19, 2013

The Kimberley Process, ensuring good origins of diamonds, imposes restrictions prohibited by the WTO, but the latter agreed in 2003 to grant exemptions to the process' members.

EVRAZ hopes to sell Yubileinaya coal mine this quarter

Posted on January 19, 2013

EVRAZ hopes to sell the Yubileinaya coal mine, operated by its subsidiary Yuzhkuzbassugol, in the first quarter of this year, a source from the company said. The Yubileinaya mine, which survived a deadly methanol explosion in 2007, will be sold …

Buenaventura to invest USD 460 million in 3 new projects in 2013

Posted on January 19, 2013

The projects are aimed at increasing the company's production of silver, zinc, copper and energy.

McEwen Mining reactivates El Gallo complex in Mexico

Posted on January 18, 2013

The reserves at El Gallo amount to more than 40 million ounces of silver and 600,000 ounces of gold.

Subcontractors bring Caserones to a halt until February

Posted on January 1, 2013

Currently, only 900 workers out of the usual 18,000 workers have showed up for work at the mine.

Sesa Goa, NMDC to Remain Buoyed by Iron Ore Prices

Posted on January 1, 2013

According to Bloomberg, Chinese ore imports totaled 65.78 million metric tons in November, down 4.6% YoY. Stockpiles at China's major ports declined 3.3% to 71.32 million metric tons as of December 21.

Orvana posts increases in gold, silver, copper production for Asturian mines

Posted on December 31, 2012

For the fiscal year ended September 30, 2012, Orvana Minerals Corporation posted production of 55,929 ounces of gold, 15.4 million pounds of copper, 716,280 ounces of silver and 636,810 pounds of lead.

Barrick Gold to be penalized for breaching environmental regulations at Pascua Lama project in Chile

Posted on December 31, 2012

Although details of sanctions have not been disclosed, the company could be facing either a fine or the cancellation of environmental permits.

Odisha state government renews bauxite mining efforts at Karlapat

Posted on December 31, 2012

Sources highlighted that the reserve, spanning 31,183 hectares, is estimated to bear some 200 million metric tons of bauxite.

Brazilian mining companies focus on iron ore mining

Posted on December 31, 2012

In early December, when Vale presented its investment program for 2013, the company stated that it would mainly focus on its Serra Sul project in Carajás.

Major mining projects to be carried out in Chile in 2013

Posted on December 31, 2012

Like Lumina Copper which will initiate production of copper cathodes at the Caserones mine in February.

BHP confirms seeking buyer for Irish Sea operations

Posted on December 24, 2012

BHP's investment in its Irish Sea business totals over GBP 1 billion (USD 1.62 billion).

WISCO expects to record sales of CNY 200 billion in 2012

Posted on December 24, 2012

The group recorded sales of over CNY 210 billion (USD 33.61 billion) in 2011.

Copper production increased by 14.9% YoY in Peru in October 2012

Posted on December 24, 2012

According to a report by the National Statistics Institute in Peru.

ALROSA acquires 51% stake in Nizhne-Lenskoye diamond miner for RUB 3.67 billion

Posted on December 24, 2012

The acquisition boosts ALROSA's total reserves by 3%-4%.

Investments in lithium projects in Argentina total USD 4 billion in 2012

Posted on December 24, 2012

Global lithium reserves are estimated to total 10 million metric tons, of which 9 million metric tons are thought to be located in Latin America, mainly Argentina, Chile and Bolivia.

ALROSA starts stripping works at Botuobinskaya open-pit diamond mine

Posted on December 24, 2012

Commercial diamond mining at the Botuobinskaya mine is expected to begin in the fourth quarter of 2015.

Antofagasta: Suspension of Antucoya copper project will not impact other projects

Posted on December 24, 2012

Antofagasta's CEO Diego Hernandez has confirmed that the suspension of the Antucoya copper project in Chile will not impact other projects.

Zoloto Kuryi to boost gold output by 37% this year

Posted on December 24, 2012

As of today, Zoloto Kuryi has mined 700 kg of gold worth RUB 1.15 billion (USD 37.45 million) this year.

BHP rejects $50 million offer for Port Hedland resort

Posted on December 22, 2012

BHP Billiton has turned down a AUD 50 million offer from a consortium of investors for a collapsed resort project at Port Hedland. BHP's move is expected to lead to the liquidation of the development.

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