March 25, 2016

Barrick Gold chairman John Thornton takes a 76% pay cut

He will receive $3.4 million for his work in 2015, including compensations and pension, a significant reduction from the almost $13 million he pocketed in 2014.

March 24, 2016

World’s No.1 copper miner Codelco posts historic loss of $1.4bn in 2015

For every penny copper prices drop, Codelco loses $36 million and Chile, the world's largest producing country, $50 million.

March 24, 2016

AME BC Welcomes Mineral Exploration Incentives in Federal Budget 2016

The Association for Mineral Exploration British Columbia (AME BC) welcomes incentives announced in the Government of Canada’s 2016 budget that assist mineral explorers and developers in British Columbia (BC).

March 24, 2016

US judge rules Barrick Gold must face group lawsuit over Pascua-Lama mine

Class action claims that Barrick repeatedly and knowingly misled shareholders about whether Pascua-Lama complied with environmental regulations.

March 24, 2016

Mitsubishi books almost $4bn in commodities-related write-downs

About $2.5 billion of the total write-down was on its stake in Chilean copper mining and smelting company Anglo American Sur.

March 23, 2016

Commodity bulls twisting in the wind

After rebound in sentiment, mining and metals sector increasingly vulnerable to outside shocks says new report.

March 23, 2016

Animation: How China trumps the US in trade

The U.S. trade deficit with China reached record proportions in 2015.

March 23, 2016

Mitsui posts first loss ever amid $2.3bn copper, gas write-downs

About $1 billion of the total write-down was due to copper projects in Chile and revisions to the long-term price outlook.

March 22, 2016

The end of the global diversified miner?

New report predicts mining's majors will increasingly move away from diversification strategies to concentrate on competitiveness in certain core sectors.

March 22, 2016

Rising prices, equities suggest end of mining bear market near

For the first time in years, the mood at the recent Prospectors & Developers Association of Canada (PDAC) convention in Toronto was buoyant.