BHP warns more cost cuts, management shake up before demerger
The world's largest miner has stepped up its cost-cutting plans as it battles a sharp slide in iron ore, coal and oil prices.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Quebec sets conditions for TransCanada as poll shows falling support for pipeline
TransCanada Corp’s key projects face increasing hurdles locally and across the border.
Goldcorp to open Argentina’s Cerro Negro gold, silver mine in February
The mine is expected to produce 4,000 tons/day of gold and silver concentrate during its 23 years of life.
Gold price crushed to deter support for Swiss initiative: report
British fund manager Ben Davies says that gold prices’ most recent collapse is part of central bank efforts to discourage Swiss voters from supporting the gold initiative to be decided at referendum on November 30.
U.S. Senate reveals top banks ‘unfair advantage’ in physical commodities business
The two-year investigation concluded that Goldman Sachs, Morgan Stanley and JP Morgan have been manipulating commodity prices.
Gold Fields Q3 drops, CEO says most gold miners ‘under water’
The miner, structured to "break even" at $1,050 per ounce, warned it would have to re-think the business if bullion prices dip below $1,000 and stayed there for a while.
Nickel close to month-high as Indonesia keeps ore ban
The country effectively halted all but processed metal shipments in January in an effort to force miners to build smelters.
Peru blows up machines to scare away illegal gold miners
Just weeks before the country hosts U.N.-sponsored climate talks.
Cliffs mulls closing Bloom Lake iron ore mine for lack of buyers
Closing the mine will cost $650 million to $700 million over the next five years.
A Russian miner, a good camera, the arctic tundra: here’s the result
Ivan Kislov is a young Russian mining engineer who spends his breaks taking breath-taking photographs of wild animals, mostly foxes, in the arctic tundra.
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.
