Glencore CEO Ivan Glasenberg strikes positive note after announcing jump in profits, output and better trading conditions at Swiss commodities giant.
Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.
Australia's non-bulk mining industry "will die without a strong pipeline of projects moving to development stage," says study.
World's number one miner hopes to save $3.6 billion spinning off aluminium, coal, manganese, nickel and silver assets into new company.
The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.
Speculation is of a new Perth-based company with current CFO Graham Kerr at the helm housing non-core assets including Australian lead-silver mine.
Decision to to lob off Billiton assets could come as early as next week.
Mines in Australia and Dominican Republic put on care and maintenance and Canadian operations' reserves depleted during first half of the year.
Index gained 9% from April to June, outperforming the S&P/TSX Composite index, which gained 6%, and the London Metal Exchange index, which gained 7% in the same period.
Trend of mine production moving to emerging economies will continue.
Survey shows 9 out of ten Australian mining execs see few positives over next 12 months.
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.
About $500 million of exports a month have been halted in Southeast Asia's biggest economy because of the minerals dispute.
State-owned and private companies from the UK, Germany, India, Brazil, Singapore and Russia are among those to benefit from the seabed regulator’s decision.
The shipments, the first of their kind in six months, were allowed after Sebuku Iron Lateritic Ores (SILO) and Lumbung Mineral Sentosa agreed to pay the new 20% tax.
Authorities are is planning to send a letter to the Colorado-based miner saying that it has defaulted on its contract and, therefore, is “negligent."
As BHP considers the sale of almost all of the businesses that Billiton brought to the 2001 merger deal, experts say the firm is likely to end up leaving London.
The transaction would be worth over $2 billion.
Newmont, instead, was called to return to the negotiation table or face the consequences.
Sale of Candelaria mine could raise several billion dollars, according to people familiar with the matter quoted by WSJ.com.
Juniors can't fund their projects, which means that the majors' reserves will continue to shrink.
South Africa’s top gold producer is said to be going ahead with plans to expand into the country’s platinum sector before the end of the year.
The firm is offloading some of its historic South African platinum mines as part of a $4bn sale of under-performing assets.
Dialogue means more investment, jobs.
The copper price has defied all predictions of a steep decline this year and is now honing in on 4-month high after the longest rally since 2005.
Patrice Merrin, 65, is a veteran to the industry.
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