Aluminum

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

Cecilia Jamasmie | August 28, 2014
Less than 2% of Peru’s total mining concessions are active

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

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

Cecilia Jamasmie | August 27, 2014
Chinese investment to make Peru world’s second-largest copper producer

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

Frik Els

The BHP show obscures Australian mining's deeper problems

Frik Els | August 19, 2014
The BHP show obscures Australian mining's deeper problems

Australia's non-bulk mining industry "will die without a strong pipeline of projects moving to development stage," says study.

Cecilia Jamasmie

Demerged BHP may not hold on to coal assets for long: analysts

Cecilia Jamasmie | August 18, 2014
Demerged BHP may not hold on to coal assets for long: analysts

The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.

Guinea on national emergency over Ebola, mining operations threatened

Cecilia Jamasmie | August 14, 2014
Guinea on national emergency over Ebola, mining operations threatened

Tighter border controls are set to disrupt the flow of essential supplies and even workers trying to get to work at the African country's mining operations, companies say.

West Africa Ebola outbreak forces miners to lock down operations, delay projects

Cecilia Jamasmie | August 10, 2014
West Africa Ebola outbreak forces miners to lock down operations, delay projects

After the WHO declared the current outbreak an “international public health emergency.”

Rio Tinto's cuts are the deepest

Frik Els | August 7, 2014
Rio Tinto's cuts are the deepest

Profits double after CEO Sam Walsh trims $3.2 billion of fat six months ahead of target and announces another $1 billion in cuts by end-2015.

Cecilia Jamasmie

BHP sell-off could undo Billiton historic deal

Cecilia Jamasmie | July 13, 2014
BHP sell-off could undo Billiton historic deal

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.

Peru set to become world’s second largest copper producer in 2016

Cecilia Jamasmie | July 11, 2014
Peru set to become world’s second largest copper producer in 2016

Currently China is the second largest producer of the red metal, with an annual output of about 1.6 million tonnes per year.

BHP Billiton a step closer to selling-off non-core operations

Cecilia Jamasmie | June 10, 2014
BHP Billiton a step closer to selling-off non-core operations

World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.

BHP Billiton announces major shake-up of non-core operations

Julienne Bay | May 14, 2014
BHP Billiton announces major shake-up of non-core operations

The news comes of the heels of the creation of a new aluminum division, BHP Billiton Aluminum Pty Ltd.

CHART: Yawning gap opens up between US stocks, metal prices

Frik Els | May 8, 2014
CHART: Yawning gap opens up between US stocks, metal prices

The two used to be joined at the hip, but now one or the other has lost touch with reality.

Peru set to regain world’s second largest copper producer place this year

Cecilia Jamasmie | April 20, 2014
Peru set to regain world’s second largest copper producer place this year

The South American nation lost the title to China in 2012.

Ebola outbreak in Guinea forces miners to lock down operations

Cecilia Jamasmie | April 3, 2014
Ebola outbreak in Guinea forces miners to lock down operations

Brazilian iron ore giant Vale has removed its six international employees and put its local workers on leave.

BHP bullish on coal demand, but says prices to remain weak

Cecilia Jamasmie | April 2, 2014
BHP bullish on coal demand, but says prices to remain weak

The mining giant believes demand for coal to keep growing over the next 20 years, driven mainly by China and India.

BHP Billiton mulls spinning off non-core divisions into $18bn firm

Cecilia Jamasmie | April 1, 2014
BHP Billiton mulls spinning off non-core divisions into a $18bn firm

The separate company would be listed on the London Stock Exchange, as well as the Australian and South African markets.

Orbite shares stage huge comeback

Frik Els | March 27, 2014
Orbite shares stage huge comeback

Stock in Montreal-based metal technology and alumina company which mysteriously tanked yesterday regained most of the lost ground on Thursday.

Mysterious stock dump sends Montreal metals junior tanking

Frik Els | March 26, 2014
Mysterious stock dump sends Montreal metals junior tanking

Orbite Aluminae crashed 36% in massive volumes on Wednesday without any fresh news that could have prompted the sell-off in the alumina and rare earth technology company.

Five major copper mines to begin operations in Peru by 2016

Cecilia Jamasmie | March 16, 2014
Five major copper mines to begin operations in Peru by 2016

Combined estimate investment exceeds $13 billion, says the government.

Shale gas revolution unlikely to go global any time soon: BHP’s MacKenzie

Cecilia Jamasmie | March 5, 2014
BHP shares hammered on demerger, profit miss

The world’s No.1 mining company's CEO believes coal will remain the main source of affordable energy for growing economies.

Mining opposition risks $57bn projected investment in Peru

Cecilia Jamasmie | February 3, 2014
Mining opposition risks $57bn projected investment in Peru

Last year alone there were 149 conflicts involving mines in the country.

Buyers line up for Montenegro's bankrupt aluminum plant and biggest exporter

Cecilia Jamasmie | January 10, 2014
Buyers line up for Montenegro's bankrupt aluminum plant and biggest exporter

At least four companies have placed bids to buy assets of Montenegro's Kombinat Aluminijuma Podgorica (KAP) aluminum plant.

Copper hits four-month high, set for highest monthly rise since Sep 2012

Cecilia Jamasmie | December 27, 2013
Copper hits four-month high, set for highest monthly rise since Sep 2012

Dr. Copper sending positive signs for 2014.

World's No.1 aluminum producer sues LME

Cecilia Jamasmie | December 24, 2013
World's No.1 aluminum producer sues LME

Rusal is challenging the LME's plans to reform how it stockpiles commodities.

Peru’s mining attracted close to $9bn in investments this year

Cecilia Jamasmie | December 16, 2013
Peru’s mining attracted close to $9bn in investments this year

The potential is appealing. Peru holds13% of the world's copper reserves, 4% of gold, 22% of silver, 7.6% of zinc, 9% of lead and 6% of tin reserves.

Vale slashes investment budget for third straight year to $14.8bn

Cecilia Jamasmie | December 2, 2013
Vale slashes investment budget for third straight year to $14.8bn

Budget for 2014 is 9.2% lower than last year’s and well below the $18 billion total from 2011.

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