Total worldwide budget for nonferrous metals exploration dropped to US$11.36 billion in 2014 from US$15.19 billion in 2013 — a 25% decrease.
The all-powerful U.S. dollar is currently hammering base metals and base metal equities. Haywood Securities Mining Analyst Stefan Ioannou says that increasing demand and near-term supply shortages make base metals a bargain that won't last.
The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.
In response to popular demand from our home province of British Columbia, today we visualize the amount of natural resources extracted from BC each year.
The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.
The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."
The miner, Zambia's largest foreign investor, operates Kansanshi mine, the eighth largest copper mine in the world, as well as the country's biggest.
Underground mining royalties will go up from 6% to 8%; underground taxes now 20%.
The commodities trader and miner explored a stock-exchange listing Down Under.
The firm mined 93,624 ounces of the yellow metal in the three months to end September and it also maintained its full-year production forecast of 420,000 ounces of gold.
Anglo's chief warned the company plans to take severe measures over the next two years.
Zambia’s mines minister says the company has not officially communicated the government its intentions as required under the country's law.
The company is cutting 169 jobs at the mine.
CEO Andrew Mackenzie's pay package is already only half that of his predecessor.
New company would still have its primary listing in Australia, with secondary listings in South Africa and the UK.
A GlenTinto is not as far-fetched as it sounds.
Countercyclical investors sitting on $8 billion unspent funds have been waiting for clear signs of a market bottom. The wait may well be over.
A big corporate break-up à la BHP Billiton is definitively not in his books, he told FT.com.
Here is one interpretation of how much is left on Earth.
It has given 20% to 20 local groups, 3% to black entrepreneurs and managerial employees, and another 3% to historically disadvantaged South African staff.
There's a history there of course. Just ask Mick Davis.
New multi-lens zone at Stratmat deposit, part of the Vancouver-junior's past-producing zinc-lead-copper-silver-gold project in the Bathurst mining camp.
President Danilo Medina vetoed bill creating a National Park, which would have blocked the expansion of Glencore's Falcondo mine.
Here is one interpretation of when we’ll run out of each metal or energy source.
The country’s legislators approved this week a ruling that declares the region surrounding the mine a national park, affecting Glencore's ability to expand it.
Commodity funds & investors have bid up zinc prices, anticipating tightening supplies over the next three- four years — with mine supplies not keeping pace with demand growth
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