The Northern Territory Chief Minister has threatened to close Glencore's McArthur River operation if the miner does not improve its environmental practices.
Commodity investing legend says the Chinese market is on its way to "finding a good bottom."
We're not in 2008 – plotting global economic growth against commodity prices shows metals and mining sell-off is disconnected from realities on the ground.
Today may be the end of this trend of divergence. US equities are at a precipice: fueled by low rates and quantitative easing for years, they have finally started to tumble from record highs.
The world's leading commodity trader stock slumped to a record low Wednesday after it revealed it swung to a steep first-half loss of $676 million.
Investors weren't happy with the news. The stock dropped to record lows Friday, becoming the top loser on FTSE 350 mining index.
But gold is, so far, profiting from the situation, heading for its longest winning streak in three months.
The decision of the People's Bank of China (PBOC) to devalue the yuan by 1.9% sent most mining stocks and commodities down the slippery slope.
It's no secret that economic turmoil and extreme uncertainty in Greece pose major threats to the global economy.
70% of silver is mined as a byproduct – gold, base metal mine closures and declining capex will push silver market into deficit this year says new report.
A US$2.6 million water treatment system from AZ Mining.
Brisbane-based Minquest says buying plant of bankrupt zinc miner could save it $150m–200m to bring nearby copper project into production.
Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK) reported increased profit in 2015’s second quarter but as commodity prices slide, the company sees a greater risk of its credit rating being demoted from investment-grade.
The Vancouver-based miner profit fell 21% in the quarter, making it adjust its 2015 coal production forecast to 25-26 million tonnes from 26.5-27.5 million tonnes.
Base metals prices are feeling the undertow but Stefan Ioannou, mining analyst with Haywood Securities, says that this is temporary—and that investors may not have to wait long for the next wave of higher zinc and nickel prices.
The Arkyd 3 Reflight (A3R) will spent its three-month orbiting mission sending back data to a group of scientists based at the firm’s headquarters in Redmond, WA.
The Chamber of Mines wants the government to reconsider its decision to hike corporate income tax rate on mineral processing from 30% to 35%, which came in effect July 1.
Billions wiped from mining sector as gold, silver prices fall and copper, iron ore prices plummet to 2009 levels amid Chinese stock market collapse.
About 200 jobs.
Sunday's fiasco was the third major failure for America's commercial space industry in less than a year.
Bear market is more than 1,000 days old and nearly 1,200 companies have dropped off the Toronto venture market.
The move puts an end to a nearly nine-month standoff that has hit output and profits in Africa’s second largest copper producer.
Teck is facing sanctions over infractions that include openings in the deposit where the ore is stored and a failure to build sufficient water infrastructure.
The mineral riches of the world’s ocean floor are an emerging frontier for mineral resources and innovative new mining technologies.
There has been a solid but quiet performer in the commodities sector recently. Flying largely under most investors’ radar is zinc, up 3.9% in 2014.
The mill feed is expected to be processed for gold, silver, copper, lead and zinc.
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