Arctic region's vast riches set to attract over $100 billion in investments over the next decade.
Despite the gloomy results, the commodities giant revenues for the year jumped 9% to $232.6 billion
Adam Low of Raymond James believes that the outlook is excellent for zinc, good for copper and neutral for iron ore.
Total investment in the sector tumbled to $3.25 billion from $5.13 billion in 2012.
This was the first production report since the Anglo-Swiss firm completed the acquisition of Xstrata last May.
But the industry also led a 12% drop in total releases in 2012.
Last year alone there were 149 conflicts involving mines in the country.
Lemieux believes that with the wheat separated from the chaff over the past tumultuous year, the truly strong companies have emerged. But you may be surprised by the jurisdictions he predicts will come to life in 2014.
This mining veteran "only" needs about $3 billion to start buying assets.
In this environment, investors should stay cautious and the focus should remain on companies with strong balance sheets, top tier management teams, and projects in safe jurisdictions.
Top exporter Indonesia's ban on ore shipments largely off-set by record global stockpiles of ore and metal and rising mine output.
Against expectations of a last minute climbdown by authorities, Indonesia's nickel, bauxite and tin ore ban went into effect Sunday.
As the large zinc mines shut down, the juniors are stepping forward to meet growing demand for the industrial staple.
But bubbly stock markets could see investors return to the sector as 2013's plunge in commodity prices make metals and minerals look cheap.
While 2013 will go down as the one when gold stop glittering and miners were forced to tighten their belts, our readers favoured a wide range of stories.
Dr. Copper sending positive signs for 2014.
Forget about the gold price. Forget about the copper, zinc and nickel price. Start searching out companies that can weather another few years of recovery, because it's unlikely mining companies will get any price relief soon.
Analysts said Baja is done.
The potential is appealing. Peru holds13% of the world's copper reserves, 4% of gold, 22% of silver, 7.6% of zinc, 9% of lead and 6% of tin reserves.
Once the darling of miners, the Canadian province is quickly losing its edge. Here is why.
Existing infrastructure at Caribou includes a 3,000 tonne per day (tpd) processing plant along with a geochemical laboratory and tailings treatment facility.
Investors eager to get the new industry off the ground willing to finance projects that can secure the availability of the key element.
The fundamentals tell Stefan Ioannou, mining analyst with Haywood Securities, that the outlook is good for copper and zinc in the midterm, while for nickel, stronger-for-longer is the watchword.
Located 500 kilometres northeast of Thunder Bay, the Ring of Fire contains billions worth of chromite — among the best deposits in the world — plus nickel, copper, platinum group elements, gold, zinc and vanadium metals.
$6 trillion worth of rare elements and mineral deposits in North Korea.
Peru’s Minister of Energy and Mines Jorge Merino expects sale to close before the 2014 deadline.
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