December 2, 2015

Treasury Secretary makes sad admission about coinage devaluation

Recent weakness in precious metals prices is being confirmed by weakness in base metals prices.

December 2, 2015

Mining exports continue to support Australia’s growth

Despite tougher market conditions, Australian miners have continued to drive record export volumes.

December 1, 2015

CHART OF THE DAY: Wages at the head office ranked

One-third of companies plan no wage increases in 2016.

December 1, 2015

Forty pct of mining companies expect to cut staff in 2016

Burnout and low morale.

December 1, 2015

Barrick completes sale of 50% of Zaldívar copper mine to Antofagasta

The proceeds of the sale will be used to reduce a debt pile of $13 billion with a target of wiping out $3 billion this year.

December 1, 2015

Imperial Metals has been granted a permit to discharge water from tailings dam – Mount Polley mine

The volume of water behind the dam has been rising and concerns had been raised in recent weeks about what could happen as snow melts and its capacity is exceeded.

December 1, 2015

BHP Billiton to slash copper production costs, increase output

The miner expects to lower production costs to $1.08 per pound during the 2017 financial year, from a projected $1.21 per pound in the year ending June 2016.

December 1, 2015

KGHM taps BC start-up to help manage mine worksite

A start up building worksite management technology for miners.

November 30, 2015

Mining majors capitulate as metals rout continues

World's five largest mining companies together have lost an astonishing $570 billion in market value since 2011–the worst period of performance since 1966.

November 30, 2015

Iran mining bigger opportunity than oil

Iran is opening $29 billion of projects to foreign investors once sanctions are lifted – acquiring new mining equipment and technology is a top priority.