Glencore's Cobar in New South Wales and Chile operation Lomas Bayas could fetch anything between $500m and $1 billion.
A few years ago, there was a perception that private equity was going to come in and wash away the junior sector's worries about insufficient capital.
After the best week for commodity prices in more than three years, sentiment towards metals and mining may finally be turning.
Zinc gets a bump.
47% of the industry is lossmaking at August copper price lows according to new report.
The approval will include “the same rights and the same level of legal and fiscal certainty provided under its contract of work,” the company said without elaborating.
Six people have been killed in anti-mining protests so far this year, including three at last week's clash between police and locals near Las Bambas copper mine.
Freeport-McMoran was up 9.97% on the news to $13.01.
Morgan Stanley sees a "sharp reversal" in commodities with prices rising nearly 20% by 2017 making mining stocks "historically attractive".
"I couldn't be happier how things turned out."
Relying on hypotheticals.
New report on top 100 junior mining companies says "waiting it out no longer a viable strategy"
Copper miner up nearly 7% after announcing cuts to its board and an "alternative course" oil and gas business acquired only three years ago.
"The consolidation of the adjacent Spectrum and GJ properties will provide important access and infrastructure synergies that should lower unit exploration costs and provide flexibility for future development of Spectrum."
Generating an estimated US$60 million in gross revenue.Copper Mountain is located in Canada, 20km south of Princeton.
Glencore chief executive Ivan Glasenberg stepped up his defence of the under-fire miner and trading house on Monday, calling on rivals to shut unprofitable mines and blaming hedge funds for pushing down commodity prices.
To come to terms with what has happened in the gold equities market, you have to understand what has happened to gold itself.
A deep bench of excuses, ranging from the weather to the Chinese economy, has been called on to justify why the US economy hasn't built up any noticeable steam, and why the Fed has failed to move rates off zero
Mining is one of Canada’s largest outward investing sectors.
A decision on Friday by a Greek court going in favour of Eldorado Gold's (TSX:ELD) Skouris mine has bumped the stock up by close to 10 percent.
Unless you were hiding out in rough rice or lean hogs, commodities were not your friend in the third quarter of 2015.
When compared to the US, the world's largest economy for 150 years, China's ascent is even more startling because it took place over such a short time-span.
Change that is "necessary and healthy"
Copper price up nearly 5% as Collahuasi cuts and deadly Las Bambas protests highlight risk to global mine supply.
State of emergency declared at Las Bambas.
Iran is ranked among 15 major mineral-rich countries with potential reserves worth $770 billion.
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