BHP has lost 41,000 tonnes of copper due to strike at Escondida
The company is reviewing its copper output guidance for 2017 as industrial action at its largest copper mine enters its third week Thursday.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Caterpillar touts automation solutions as top miners swing back to profit
The world's No.1 heavy machinery maker is telling miners not to rest on their laurels now that the industry is finally coming back up from a brutal downturn and keep focused on maximizing returns and efficiency.
Iron ore sharp recovery helps Fortescue nearly quadruple profit
The world's fourth largest miner of the steelmaking ingredient said it also benefitted from declining costs.
Anglo American not selling assets any more as it returns to profit
The world's number five diversified miner posted its first annual net profit in five years.
World’s biggest miner hasn’t given up hope for potash
BHP Billiton still sees potash as a key commodity in which to base its future growth despite prices for the fertilizer remain weak.
Colombian court lets Zonte Metal sue authorities over gold permit rejection
The Canadian junior explorer argues its exploration application was not processed in accordance with the country’s mining code.
BHP Billiton back into the black, pays higher-than-expected dividend
Net profit was $3.2bn for the six months to December 31, compared with a loss of $5.7bn in the same period a year earlier.
Enbridge buys stake in one of Europe’s largest wind parks for $1.7bn
The Hohe See wind park, to be located in the North Sea, has a planned capacity of about 500 megawatts.
Northern Dynasty slams short-seller report as class-suit looms
Rebuttal comes as shareholders launched an investigation over possible false and misleading statements made by the miner about its Pebble copper-gold project in Alaska.
Canada losing ground as mining investment destination
Report by the Mining Association of Canada (MAC) says the country is not in a good position to benefit from the increasing number of companies ready to make new and significant investments.
First Quantum credit outlook improves on Cobre Panama progress
S&P has revised the miner’s rating to positive from negative on improved liquidity and a likely 2026 restart of its key copper mine.
