The miner reported broadly higher output in the fourth quarter across all divisions, except for copper, which suffered from lower grades and strikes.
Copper Mining News
INTERACTIVE MAP: Together reserves at the global top 10 copper mining projects are worth more than $360 billion.
World's largest listed copper miner said Indonesian export ban will force it to slash spending and operate its giant Grasberg operations at 40% capacity.
But lower all-in sustaining costs mitigated the impact of decreased production, preliminary full-year figures show.
But the world's number one miner cuts full-year copper production guidance.
Strike threat at BHP's Escondida in Chile, the world's largest copper mine, lifts price to 19-month high.
Shares were up more than 45% on Tuesday mid-morning after it announced that joint venture partner Rio Tinto will start drilling for uranium at the company's asset in Saskatchewan.
State forecaster of Chile, responsible for 28% of global copper output, sees US demand bouncing back helping to create supply shortage this year and next.
Jones will leave his current position at the exchange and serve as an adviser until the end of this year, according to a statement from Hong Kong Exchanges & Clearing Ltd, which owns the London bourse.
President Donald Trump's picks for his Cabinet appear to back up his campaign pledges to boost US oil and gas production and streamline infrastructure approvals.
As the book closes Friday, January 20, 2017, on President Barack Obama’s two terms, here are the price averages during his tenure for some key commodity benchmarks, as well as the latest price.
Moves is expected to help the copper giant cope with a recently passed law that forces it to give 10% of its revenues to the armed forces.
Markets are expecting a Trump economic miracle with real GDP growth estimates of 4% per year and more. The cheerleaders cite tax cuts, infrastructure spending and deregulation unleashing a wave of new economic activity. But that's not where growth comes from, argues Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, as they discuss some basic contradictions in Trumponomics.
"The run-up in base metal prices, particularly after the US Presidential election, may be getting ahead of fundamentals."
Cornish Lithium Limited is hoping to lead the development of a lithium industry in the UK after acquiring the rights to drill for the mineral in the ancient mining region of Cornwall.
Company will perform the work and federal government will contribute about half of the more than $600 million cleanup costs.
The amicable divorce ends a six-year-old exploration joint venture originally set to find copper deposits in China.
The strike has not had a significant impact on mine and consolidated production, the company said.
Companies claim land transfer is de facto expropriation without consultation.
For companies servicing the mining sector, project opportunities have declined significantly in the past few years.
Imperial Metals applied for a permit to release water from Mount Polley tailings pond in 2009 – and still doesn’t have one.
Losses come despite huge drop in the dollar and consensus forecasts point to further declines in 2017.
State-owned Gecamines clears final hurdle for Freeport and Lundin's blockbuster sale of one of Africa's largest copper mines.
New report says the underlying question for investors lies on the risk/reward balance — whether outstanding geology beats corruption and security issues.
The Canadian team says recovering metals such as copper and rare earths from LED lights may turn to be an economical option soon.