Recent Articles

New gold fix to debut by year-end

Posted on July 31, 2014

he plan is to announce a third-party administrator by the end of September.

Australia's Queensland resumes uranium mining

Posted on July 31, 2014

Nuclear energy production and waste disposal remain under a ban.

Aussie miners new dilemma: ore reserves up, exploration down

Posted on July 31, 2014

Half the firms surveyed by PwC reported an increase in their reserves compared to the previous financial year.

Activist Casablanca Capital wins battle for Cliffs

Posted on July 30, 2014

The fund, with just a 5.2% stake in Cliffs, has vowed to sell or spin the miner's international operations.

Will the KSM project suffer the same fate as Pebble?

Posted on July 30, 2014

Potential problems in the horizon for Seabridge Gold's proposed gold, copper, silver and molybdenum mine in northern British Columbia, just 30 km from the Alaska border.

BHP firing 6% of workforce in Chile’s Pampa Norte division

Posted on July 30, 2014

Division encompasses the Spence and Cerro Colorado copper mines.

Failure to cut carbon emissions to cost the U.S. $150bn a year: report

Posted on July 30, 2014

The White House document concludes that the cost of mitigating the effects of climate change could rise by as much as 40%.

BHP to complete Olympic Dam expansion years from now

Posted on July 29, 2014

The company revealed it will take four years to trial a processing method it hopes will help make the expansion profitable.

Orica fined $750,000 over chemical spills, safety breaches

Posted on July 29, 2014

It’s the largest penalty ever issued for any of the EPA’s land and environment related prosecutions.

Global mining sector on the way up, but recovery still slow

Posted on July 29, 2014

The industry’s aggregate market capitalization improved for the sixth month in a row in June, reaching $1.75 trillion, the highest level since January 2013.

Half the UK now open up for fracking

Posted on July 29, 2014

Special protection will be given to national parks, areas of outstanding natural beauty and world heritage sites, says the government.

Australian environmental watchdog approves Cameco uranium mine

Posted on July 28, 2014

Western Australia's Environmental Protection Agency (EPA) recommended state approval for the project, under certain conditions.

Goldcorp pours first gold at Argentina’s Cerro Negro mine

Posted on July 28, 2014

The miner poured the initial dole bar at a weight of 100 kilograms containing an estimated 317 ounces of gold.

Scotiabank, Deutsche, HSBC accused of rigging silver price

Posted on July 28, 2014

The three banks have been accused of fixing the price of trillions of dollars worth of silver.

Australia’s newest and biggest coal mine gets federal approval

Posted on July 28, 2014

The controversial US$15bn Carmichael Coal Mine and Rail Project is being developed by Indian conglomerate Adani Group.

Beny Steinmetz associate jailed over Guinea’s Simandou case

Posted on July 28, 2014

Frederic Cilins, a French businessman who worked as an intermediary for BSGR in Guinea, became the first person to receive a criminal sentence in a corruption investigation.

Mass grave with hundreds of skeletons found in Bolivian mining town

Posted on July 27, 2014

Hundreds of thousands have died over the years at the city's main silver mine, as a direct result of cave-ins, overwork, hunger and disease.

Freeport, Indonesia make peace: copper exports to resume in August

Posted on July 25, 2014

Indonesia's top copper miner hopes next month to ramp up production and restart concentrate shipments from Grasberg, one of the world's largest copper mines.

Gold fix operator picks committee to oversee spot price

Posted on July 25, 2014

The company’s new board is made up of compliance officers at the four banks that currently operate the gold prices setting process.

Codelco delays $6.8 billion mine expansion, reviews impacts on glaciers

Posted on July 25, 2014

The company says its future depends on the Andina mine expansion, as dwindling ore grades in its old mines are expected to bring annual output down.

Miners need to overhaul business model to boost productivity: study

Posted on July 25, 2014

Cost reduction measures in the mining industry could well have undermined the sector's productivity, which remains down, according to a new EY report.

This cell phone was charged with apples, potatoes and copper wire

Posted on July 25, 2014

The functional art installation was created outside a shopping centre in London.

Chile’s Escondida mine boosts BHP copper output

Posted on July 24, 2014

Improvements at the mine mill throughput and concentrator utilization offset declining ore grades at the world's largest copper mine.

Freeport to soon restart exports from Indonesia as gov’t offers tax cuts

Posted on July 24, 2014

About $500 million of exports a month have been halted in Southeast Asia's biggest economy because of the minerals dispute.

Teck Resources' profit hit by lower coal prices

Posted on July 24, 2014

The price drop overshadowed the miner’s coal sales increase during the quarter, which totalled 6.8 million tonnes, compared with 6.3 million tonnes a year earlier.

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