Copper hits 4-year low in New York
End of strike at Peru’s biggest copper mine and weaker oil prices drove Dr. Copper goes to the ICU.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Rio Tinto cuts spending, defers capex, keeps dividend
The mining giant said it was committed to giving significantly more money back to shareholders in 2015 despite a severe drop in iron ore prices.
Deep-sea miner Nautilus to get $113m of escrowed funds
The sum will be given on the completion of the sale of 15% of its Solwara 1 project to an entity nominated by Papua New Guinea.
Chile’s mining sector to double energy demand by 2025
These are not very good news for the energy-starved copper producing nation.
Mariana Resources down after dumping copper-gold project in Peru
Company say it would focus on core projects.
Rio Tinto sets $350m aside to expand Canada’s Diavik diamond mine
The investment will allow for a fourth pipe to be developed at the site, with production expected to start by 2018.
African Barrick is history, changes name to Acacia Mining
The miner plans underground operations at North Mara and inked a deal that could see it acquire up to 70%of a project in Burkina Faso.
Heads roll as BC Iron forced to cut costs amid weakest price in years
Founding managing director Mike Young among the ones leaving the company.
Police and protestors clash at Ivanhoe mine in South Africa
Locals were protesting the imminent construction of Platreef platinum mine.
When it rains…Iron ore, gold miners the most vulnerable to Ebola risk
Report shows there are 39 assets in production within the Ebola-affected region.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
