Phoenix-based copper giant want to to sell its Candelaria copper-gold mine to Canada's Lundin Mining.
Pre-tax profit dropped 27% in the first half to $1.3 billion.
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.
Jack Caldwell speculates on why Mt. Polley failed by examining the satellite images.
Commodity funds & investors have bid up zinc prices, anticipating tightening supplies over the next three- four years — with mine supplies not keeping pace with demand growth
Iron ore is down 34% this year over China fears, soft demand and surging supply. The copper market is equally exposed, but has so far defied fundamentals.
Around 15,000 of the total 55,000 licences in effect risk fines and even losing all privileges over the land.
The vehicles, en route to South Africa, have been stranded in neighbouring Zambia since Monday.
Chinese backers are now behind one-third of all Peru’s new mining investments by value.
Now more than ever, only select mining companies are attracting investors.
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.
HIgh-grade maiden resource for 1 of 4 deposits Highland Copper wants to combine to restart mining in region where copper production dates back to 1845.
Good news for the country's copper miners that have been seeking more than $600 million in unpaid tax refunds.
Operations at the miner's Batu Hijau copper and gold mine to resume soon.
Capital raising for exploration up more than 32%.
Michael Fowler, senior mining analyst with Toronto-based Loewen, Ondaatje & McCutcheon, says majors need development-stage companies with high-grade, near-term production assets
Two separate news items last week suggest Chinese mining companies are still cash-rich. And on the hunt for acquisitions.
Economists say the mining boom increased Australian living standards substantially.
Mt. Polley disaster figuratively spills over the U.S. border.
Gold assets among favourites.
Latest gauge of manufacturing activity falls to near contraction levels.
Jean-Paul Luksic, who was appointed in 2004, will now take a non-executive role with effect from Sep. 1st.
Glencore CEO Ivan Glasenberg strikes positive note after announcing jump in profits, output and better trading conditions at Swiss commodities giant.
Seven firms have until September 15 to respond.
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