Peru gives Southern Copper’s $1.4bn Tia Maria copper mine final approval
The mine is expected to produce 120,000 tons of copper a year during its 20 years of mine life.
Cecilia Jamasmie , Editor-in-Chief
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Canada’s Manitoba to open bids for major potash deposit
The potential mine could generate $2 billion worth of royalties for the province over the course of 40 years, and sustain close to 600 jobs.
Zimbabwe’s planned Marange diamond mines merger hits legal hurdles
The government wants to consolidate the diamond mining companies currently operating in Marange from six down to two or possibly one.
India is hoarding Switzerland’s gold, silver
The country now accounts for 42% of Swiss exports of both precious metals.
Strong earthquake hits South Africa, no miners trapped
The quake is the largest in the southern Africa region since a 7.0 tremor hit Zimbabwe in 2006.
Batista loses control of his iron ore darling MMX
The ex-billionaire will remain the largest shareholder of the firm he founded in 2005.
AngloGold expects more assets on the block before year-end
Forecast slump in gold prices to drive more mine sales, says the firm.
Codelco’s new CEO to lead the copper miner’s $25 billion revamp
Nelson Pizarro (73) will carry out the biggest investment plan in Codelco’s history.
Alpha to lay off 1,100 workers, mothball 11 coal mines in the US
The U.S. second largest coal producer blamed weak market conditions and increased government regulation for the decision.
ArcelorMittal back to profit despite challenging market conditions
The plunge in iron-ore prices is damping profits at the firm’s mining unit.
Panama moves to unlock copper from First Quantum mine
Commerce and Industries Minister may approve by Tuesday exports of already mined ore from Cobre Panama’s stockpiles.