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Newmont abandons mining arbitration case against Indonesia

Cecilia Jamasmie | August 26, 2014
Newmont abandons mining arbitration case against Indonesia

Operations at the miner's Batu Hijau copper and gold mine to resume soon.

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.

BHP spinoff could be worth $12 billion

Frik Els | August 18, 2014
BHP spinoff could be worth $12 billion

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.

Freeport, Indonesia make peace: copper exports to resume in August

Cecilia Jamasmie | July 25, 2014
Freeport, Indonesia make peace: copper exports to resume in August

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.

Freeport to soon restart exports from Indonesia as gov’t offers tax cuts

Cecilia Jamasmie | July 24, 2014
Freeport to soon restart exports from Indonesia as gov’t offers tax cuts

About $500 million of exports a month have been halted in Southeast Asia's biggest economy because of the minerals dispute.

Indonesia lifts six-month ban of metal concentrate exports

Cecilia Jamasmie | July 22, 2014
Indonesia lifts six-month ban of metal concentrate exports

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.

Indonesia to revoke Newmont license unless resumes output, lifts lawsuit

Cecilia Jamasmie | July 17, 2014
Indonesia to revoke Newmont license unless resumes output, lifts lawsuit

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."

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.

Lundin Mining acquires Freeport-McMoRan copper mine in Chile — report

Cecilia Jamasmie | July 11, 2014
Lundin Mining acquires Freeport-McMoRan copper mine in Chile — report

The transaction would be worth over $2 billion.

Freeport, Indonesia reach preliminary deal over copper exports

Cecilia Jamasmie | July 7, 2014
Freeport, Indonesia reach preliminary deal over copper exports

Newmont, instead, was called to return to the negotiation table or face the consequences.

Freeport-McMoran mulls selling one of largest copper mines in Chile

Cecilia Jamasmie | July 3, 2014
Freeport-McMoran mulls sale of one of largest copper mines in Chile

Sale of Candelaria mine could raise several billion dollars, according to people familiar with the matter quoted by WSJ.com.

Freeport, Indonesia make headway towards settling copper exports impasse

Cecilia Jamasmie | June 17, 2014
Freeport to resume Indonesia copper exports within days

The parts agreed on basic framework for contract renegotiations for Grasberg mine.

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.

Glencore may consider bidding for ENRC Kazakhstan manganese assets

Julienne Bay | May 9, 2014
Glencore may consider bidding for ENRC manganese assets

ENRC was delisted from the London Stock Exchange after the largest investor backed the founders' US$4.5 billion takeover last year.

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.

Frik Els

BHP spin-off plans met with skepticism

Frik Els | April 1, 2014
BHP spin-off plans met with skepticism

Especially the mooted $19 billion valuation.

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.

Trade minister: All Indonesia ore and concentrate shipments halted

Frik Els | January 24, 2014
Trade minister: All Indonesia ore and concentrate shipments halted

The steep, last minute metal concentrate tax slapped on copper miners has brought exports to a standstill.

Troubled Baja’s mine sees another day, firm faces delisting from TSX

Cecilia Jamasmie | December 23, 2013
Troubled Baja’s mine sees another day, firm faces delisting from TSX

Analysts said Baja is done.

INFOGRAPHIC: Is deep sea mining worth the risk?

MINING.com Editor | June 21, 2013
Deep sea mining

The pros and cons of extraction from the seabed.

Huge blow to Gabon as BHP pulls out

Frik Els | March 31, 2013
Huge blow to Gabon as BHP pulls out

Another African nation has fallen victim of belt-tightening at the world's number one miner.

Report: Big changes coming to Kazakh mining

Frik Els | January 31, 2013
Report: Big changes coming to Kazakh mining

More stringent environmental enforcement and a shift of resources to regions.

Baja Mining reports on Boleo project financing and technical report status

Marketwire | December 4, 2012

Baja Mining Corp. is pleased to announce that it has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. , which is now controlled by members of the Korean Consortium, that a portion of MMB's 2010 project financing facilities provided by the Export-Import Bank of the United State to MMB has been renegotiated.

Standard and Poor's cuts Anglo American's outlook to negative

Cecilia Jamasmie | October 17, 2012
cynthia_carrol_anglo_american

Global credit rating firm Standard and Poor's (S&P) downgraded Wednesday its outlook on Anglo American PLC (LON:AAL) to negative from stable as a result of growing concerns about the effects of South Africa’s mining strikes on the company's mining operations and on the wider economy.

Nautilus Minerals plumbs new depths, comes up smelling of roses

Frik Els | September 19, 2012
Greenpeace takes on deep sea mining

Nautilus Minerals shot up 9.5% on Wednesday as investors digested the maiden mineral resource estimate for the company's polymetallic nodule project in 4-6km deep water in the central Pacific Ocean.

Cleaning up heavy metals using worms

Michael Allan McCrae | August 16, 2012
worms 333

Worm composts are not just for kitchen waste, since the bugs also happen to be good at absorbing heavy metals, according to a study by the International Journal of Environment and Waste Management. An earthworm vermicompost is effective at removing …

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