Recent Articles

China’s antitrust crackdown threatens BHP demerger

Posted on September 2, 2014

Following a meeting with BHP’s China boss, the National Development and Reform Commission (NDRC) issued a statement saying it believed that “BHP and other iron ore suppliers should avoid abusing dominant market positions."

Codelco production up, copper price slump trims down profit

Posted on August 29, 2014

Pre-tax profit dropped 27% in the first half to $1.3 billion.

Iron ore prices approaching 5-year low

Posted on August 29, 2014

Monthly loss up to 8.4%

Coal shortage cripples half of India’s power plants

Posted on August 29, 2014

They barely have enough to last a week, the lowest level since one of the world's worst blackouts hit the country in 2012.

Former uranium miner to pay $500,000 for clean-up in the U.S.

Posted on August 29, 2014

The U.S. Environmental Protection Agency and Homestake Mining reached an agreement requiring the company to assess contamination and address safety hazards at four abandoned uranium mines.

Glencore’s Dominican mine in limbo after national park plan approved

Posted on August 29, 2014

The country’s legislators approved this week a ruling that declares the region surrounding the mine a national park, affecting Glencore's ability to expand it.

Less than 2% of Peru’s total mining concessions are active

Posted on August 28, 2014

Around 15,000 of the total 55,000 licences in effect risk fines and even losing all privileges over the land.

This extremely rare $25.6 million blue diamond may reveal Earth’s origins

Posted on August 28, 2014

The “Blue Moon" will go on public display in three weeks' time in Los Angeles, California.

Western Australia puts around $2bn in state-owned assets on chopping block

Posted on August 28, 2014

The iron ore-rich state is the latest of Australia's debt-laden regional governments to announce a selloff of state-owned infrastructure.

Botswana blocks at least 100 copper trucks from Congo over Ebola fear

Posted on August 28, 2014

The vehicles, en route to South Africa, have been stranded in neighbouring Zambia since Monday.

Iron ore falls again, hits fresh two-year low

Posted on August 27, 2014

If the steel-making material loses another $2 a tonne, it will be the lowest since October 2009.

Chinese investment to make Peru world’s second-largest copper producer

Posted on August 27, 2014

Chinese backers are now behind one-third of all Peru’s new mining investments by value.

Cameco shuts down operations, locks workers out

Posted on August 27, 2014

The Canadian uranium producer said move aims to ensure safety ahead of Saturday's announced strike.

Largest iron ore miners smashing Chinese competitors

Posted on August 27, 2014

There’s a death match among iron ore producers, with the big Australian miners and Brazil's Vale increasing pressure on their high-cost Chinese rivals.

Imperial Metals new copper and gold mine ready to begin production

Posted on August 26, 2014

The company said its Red Chris copper and gold mine, in northwest B.C., will start up once a power line is completed next month.

U.S. miner buys Glencore's massive Donkin coal mine

Posted on August 26, 2014

Cline Group now owns a 75% stake in the project, considered one of the largest undeveloped coal deposits in North America.

Zambia to ease tax rules on copper exports

Posted on August 26, 2014

Good news for the country's copper miners that have been seeking more than $600 million in unpaid tax refunds.

Australian mining mogul apologizes to China over 'mongrels' remarks

Posted on August 26, 2014

In a letter to China's ambassador to Australia, Clive Palmer expressed regret for "any insult to the Chinese people caused by any of the language" he used.

Newmont abandons mining arbitration case against Indonesia

Posted on August 26, 2014

Operations at the miner's Batu Hijau copper and gold mine to resume soon.

Over 200 coal mining licences deemed illegal by India’s Supreme Court

Posted on August 25, 2014

The country’s top court will decide on whether to revoke those permits in a series of hearings starting September 1.

New $15bn coal mine in Australia to hire over 5,000 workers

Posted on August 25, 2014

And that's only during the construction phase.

Cliffs Natural Resources up on $200m buyback plan

Posted on August 25, 2014

The new repurchase program will remain active until Dec. 31, 2015.

Here is how Australia spent its mining boom bonanza

Posted on August 25, 2014

Economists say the mining boom increased Australian living standards substantially.

Dominion Diamond still hoping to own Diavik mine

Posted on August 25, 2014

The Canadian company is trying to grow its share of the North West Territories diamonds pie.

Busy times ahead: global mining deals on their way up

Posted on August 24, 2014

Gold assets among favourites.

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