The situation, industry officials said Friday, can’t continue for much longer.
Experts are raising questions about the legitimacy of North Korea's estimated reserves of rare earths, used from computers to cars and defense missiles.
The firm said poor coal prices meant it would not make sense to extend the life of the mine.
The company said the suspension of operation at the copper is momentary, as northern Chile is being hit by torrential rain and snow.
Until Mick Davis pulls the trigger on X2's $5.6 billion, wishful thinking and unhealthy skepticism will pervade talk around private equity and mining.
The competition watchdog did not welcome chairman Andrew “Twiggy” Forrest call for rivals Rio, BHP and Vale to agree to cap production.
The move may be the first of many more competitive deals by producers in the potash market, which has historically operated with large joint ventures controlling prices.
The copper and gold miner will pay a dividend of 5 cents.
The U.S. miner said the sale is part of a strategy to divest non-core assets and focus on supplying iron ore pellets to the North American steel industry.
The Great Barrier Reef is at risk of permanent damage should huge coalmining and a port development in Queensland go ahead, scientists say in a new report.
Gold has not surprisingly found a back door into India, despite import restrictions on the yellow metal that were only recently lifted.
Coal mine fatalities in China dropped almost 87% to 931 last year from more than 7,000 casualties registered in the sector in 2002, according to official figures recently disclosed.
The copper price recovered from a one-month low on Wednesday to gain 3% on Thursday, as the metal markets reacted to a dovish Fed statement and news out of Indonesia that production has stopped at the Grasberg mine.
The company experienced a annual drop in the resource industries segment sales in every geographic region except Asia/Pacific.
Japan's top smelter, Pan Pacific Copper, will have to pay $11.9 million for breaching several environmental rules.
ANZ predicts that as incomes rise across Asia, particularly in China and India, so will the appetite for gold rings and necklaces.
The first two months of 2015 failed miserably to dispel gloomy market conditions affecting the global mining industry, according to a study published Wednesday.
According to Timetric’s Mining Intelligence Center (MIC), Asian mines are transitioning towards digital mining, as demonstrated by continuing investment in design software and mine surveying.
The move comes amid an ongoing collapse in commodity prices.
In 2014, nine out of top 10 gold producers achieved significant reductions in all-in sustaining production costs, but average cash margin fell victim to bearish gold price.
According to analysts from Credit Suisse, Chinese importers will settle at $320 a tonne, versus $305 a tonne they paid last year.
Executives from De Beers Group, Alrosa and Endiama to reveal how the New Silk Route from China across Africa to Dubai has transformed the global diamond trade.
According to recent statements of some U.S. and Russian scientists.
The sharp fall in global commodity prices is starting to have an impact on North Korea, economists say, hurting a state that relies heavily on exports of minerals to keep its economy afloat – and its gargantuan military funded.
Down 1.4% Wednesday to lowest since 2007 on Chinese forecast of peak steel production and contraction.
Get Mining News and Alerts
sent to your inbox daily