October 10, 2013

Rival Chinese miners shortlisted for Glencore’s Las Bambas copper mine

Chinalco and Minmetals have been invited back to conduct due diligence and make a second bid, insiders said.

October 10, 2013

Buyers line up for JPMorgan’s $3.3bn commodity unit

The bank is willing to sell the business to one customer or break it down into various divisions.

October 10, 2013

Desperate indigenous group brings BHP’s Cerro Matoso to a halt

"People don't have anywhere to live, and they also are getting cancer from the mining operation."

October 9, 2013

Chile’s proposed glaciers protection law worries miners, investors

Definition of glacier is the main bone of contention, as a wide interpretation could mean the halt of local and foreign mining activities.

October 9, 2013

$1 billion not enough: Codelco wants more cash from Chilean gov.

"Problem is, more money to Codelco is less money towards education, infrastructure."

October 8, 2013

Supply surplus to hit copper prices – Antofagasta CEO

On the plus side for miners, costs will also go down.

October 8, 2013

Lundin Mining completes $600 million debt facilities for Eagle project funding

Initial production from the Eagle Mine is expected to commence in Q4 2014.

October 7, 2013

Mongolia passes mining-friendly law, but 106 licences remain in limbo

106 explorers in Mongolia have become collateral damage in a criminal case against former government officials.

October 7, 2013

Thompson Creek Metals company celebrates the opening of Mt. Milligan with dedication ceremony

Through September 30, 2013, the mill has produced approximately 1,600 tonnes of saleable concentrate.

October 7, 2013

Peru ‘washing its hands’ of Newmont’s Conga mine issues: local authorities

Cajamarca’s governor also said Newmont’s local partner has made no progress in terms of gaining support from surrounding communities.