Recent Articles

Anglo American’s Los Bronces mine in Chile hit by strike

Posted on November 28, 2014

This is the first time mining engineers, geologists and other highly educated employees go on a strike at a privately owned mine in Chile.

Copper hits 4-year low in New York

Posted on November 28, 2014

End of strike at Peru’s biggest copper mine and weaker oil prices drove Dr. Copper goes to the ICU.

Deep-sea miner Nautilus to get $113m of escrowed funds

Posted on November 28, 2014

The sum will be given on the completion of the sale of 15% of its Solwara 1 project to an entity nominated by Papua New Guinea.

Rio Tinto cuts spending, defers capex, keeps dividend

Posted on November 28, 2014

The mining giant said it was committed to giving significantly more money back to shareholders in 2015 despite a severe drop in iron ore prices.

Chile’s mining sector to double energy demand by 2025

Posted on November 27, 2014

These are not very good news for the energy-starved copper producing nation.

Mariana Resources down after dumping copper-gold project in Peru

Posted on November 27, 2014

Company say it would focus on core projects.

Rio Tinto sets $350m aside to expand Canada’s Diavik diamond mine

Posted on November 27, 2014

The investment will allow for a fourth pipe to be developed at the site, with production expected to start by 2018.

African Barrick is history, changes name to Acacia Mining

Posted on November 27, 2014

The miner plans underground operations at North Mara and inked a deal that could see it acquire up to 70%of a project in Burkina Faso.

Heads roll as BC Iron forced to cut costs amid weakest price in years

Posted on November 26, 2014

Founding managing director Mike Young among the ones leaving the company.

Police and protestors clash at Ivanhoe mine in South Africa

Posted on November 26, 2014

Locals were protesting the imminent construction of Platreef platinum mine.

When it rains…Iron ore, gold miners the most vulnerable to Ebola risk

Posted on November 26, 2014

Report shows there are 39 assets in production within the Ebola-affected region.

Lucapa Diamond soars on 35-year mining licence for Lulo

Posted on November 26, 2014

The project could prove to be more valuable than the country’s biggest gem producer, Catoca,

France may be next in line to bring its gold back

Posted on November 26, 2014

France is the world's fifth-largest holder of gold, only behind the U.S. Germany, the IMF and Italy.

Wyoming a step closer to self-regulating uranium industry

Posted on November 25, 2014

The state's industry is currently regulated by The Nuclear Regulatory Commission.

Alaska’s Pebble mine scores win after court orders EPA to back off

Posted on November 25, 2014

A federal judge has ruled in favour of the Pebble mine project, putting a temporary halt on the U.S. Environmental Protection Agency’s efforts to protect Bristol Bay.

Iron ore massacre: below $70 for first time in five years

Posted on November 25, 2014

This is almost two-thirds below a peak of $191.90 reached in February 2011, which was when huge new mines were being approved.

Aussie miners working harder for less money

Posted on November 25, 2014

Average salaries fell 19% over the two-year period from 2012, while the average working week increased by four hours, a study shows.

Ivanhoe jumps on exploration results at African mine

Posted on November 24, 2014

The miner has hit exceptionally high-grade silver, zinc and copper at its Kipushi mine in the DRC.

Canadian First Nations march to demand ban on uranium exploration in Quebec

Posted on November 24, 2014

They plan to arrive in Montreal on Dec. 15, the final day of hearings on uranium development by Quebec’s environmental watchdog.

Aussie mining magnate Clive Palmer investigated over $10 million fraud

Posted on November 24, 2014

The scale of the fraud alleged against the tycoon-turned-politician may double to about A$23 million.

India's Jindal Steel mothballs $10bn coal project

Posted on November 24, 2014

The company became the first major casualty of a Supreme Court decision to scrap most coal fields allocated to private firms since 1993.

BHP warns more cost cuts, management shake up before demerger

Posted on November 24, 2014

The world's largest miner has stepped up its cost-cutting plans as it battles a sharp slide in iron ore, coal and oil prices.

Quebec sets conditions for TransCanada as poll shows falling support for pipeline

Posted on November 20, 2014

TransCanada Corp’s key projects face increasing hurdles locally and across the border.

Goldcorp to open Argentina’s Cerro Negro gold, silver mine in February

Posted on November 20, 2014

The mine is expected to produce 4,000 tons/day of gold and silver concentrate during its 23 years of life.

Gold price crushed to deter support for Swiss initiative: report

Posted on November 20, 2014

British fund manager Ben Davies says that gold prices’ most recent collapse is part of central bank efforts to discourage Swiss voters from supporting the gold initiative to be decided at referendum on November 30.

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