Tin

Space miner loses first satellite in rocket explosion

Cecilia Jamasmie | October 29, 2014
Space miner loses first satellite on rocket explosion

The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.

Freeport-McMoRan's profit down 32% amid lower copper, gold prices

Cecilia Jamasmie | October 28, 2014
Freeport-McMoRan's profit down 32% amid lower copper, gold prices

The U.S. largest miner by market value and revenue is also dealing with a strike threat at its Indonesia's Grasberg copper and gold mine, which recently resumed operations.

Blockade lifted at Freeport Grasberg mine in Indonesia

Cecilia Jamasmie | October 3, 2014
Blockade lifted at Freeport Grasberg mine in Indonesia

Operations, however, won’t resume until at least Oct. 7.

Operations at Freeport Grasberg copper mine remain blocked

Cecilia Jamasmie | October 2, 2014
Operations at Freeport Grasberg copper mine remained blocked

Protesters are demanding management to review safety conditions following a fatal accident on Sept. 27.

Newmont ships first copper from Indonesia in eight months

Cecilia Jamasmie | September 30, 2014
Newmont ships first copper from Indonesia in eight months

30,000 tonnes of copper concentrate were sent out Monday.

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.

Tasmanian mining industry looks to future after closures, falling prices: ABC

MINING.com Editor | August 24, 2014
Tasmanian mining

Anxiety rising in the region.

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."

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.

Copper price: Emptying warehouses spark red hot streak

Frik Els | June 26, 2014
CHART: Copper price poised to follow iron ore over a cliff

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.

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.

Congo mines no longer controlled by warlords and militia —report

Cecilia Jamasmie | June 11, 2014
Congo mines no longer controlled by warlords and militia —report

Tin, tantalum and tungsten mines used to generate $185 million a year for armed groups. Now, about two-thirds of those operations are part of peaceful supply chains, study shows.

Asteroids mined for fuel to generate trillion dollar market, says firm

Cecilia Jamasmie | June 11, 2014
Asteroids mined for fuel to generate trillion dollar market, says firm

Orbiting spacecraft could be refuelled with water taken from asteroids—but some experts doubt the economics.

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.

EU proposes conflict minerals law; rights group says it's toothless

Ana Komnenic | March 5, 2014
EU proposes conflict minerals law; rights group says it's toothless

The proposed law sets up a system of self-certification for importers of tin, tantalum, tungsten, and gold.

EU prepares scheme to stem use of conflict minerals — report

Cecilia Jamasmie | February 5, 2014
US firms unprepared for upcoming conflict minerals rule enforcement

Proposal includes gold, tungsten, tantalum and tin, with the hope of force importers to classify those metals as coming from areas free of conflict.

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.

Nickel price: Indonesia ban not enough to lift oversupplied market

Frik Els | January 14, 2014
Nickel price: Indonesia ban not enough to lift oversupplied market

Top exporter Indonesia's ban on ore shipments largely off-set by record global stockpiles of ore and metal and rising mine output.

Indonesia ban rocks nickel market

Frik Els | January 12, 2014
Indonesia ban rocks nickel market

Against expectations of a last minute climbdown by authorities, Indonesia's nickel, bauxite and tin ore ban went into effect Sunday.

Supply worries cloud 2014 mining outlook

Frik Els | January 1, 2014
Iron ore drops to 2-year low

But bubbly stock markets could see investors return to the sector as 2013's plunge in commodity prices make metals and minerals look cheap.

China flexes monetary muscle

Frik Els | December 3, 2013
Sliding Chinese currency could be behind gold price weakness

China’s yuan has overtaken the euro to become the second-most used currency in trade finance.

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