July 25, 2013 BHP approves $2 billion Escondida water project The new 2,500 litre per second sea-water desalination plant will be commissioned in 2017.
July 25, 2013 Teck profit dives, freezes projects in Canada and Chile The Vancouver-based firm also increased its cost reduction target to $300 million, up from the previous target of $250 million.
July 25, 2013 Junior miners going bust? CEOs weigh in on state of the industry Following an 18-month downdraft in the sector, many investors have tough questions for these management teams.
July 24, 2013 EPA admits to spending over $2 million on Pebble Mine assessment White House EPA nominee grilled over watershed assessment.
July 24, 2013 Wage talks in South Africa’s gold sector reach standstill: strike imminent The National Union of Mineworkers (NUM) said the 1% increased offered was an insult to workers and that dispute is now going to arbitration.
July 24, 2013 Copper hits 5-week high on European manufacturing growth Euro area manufacturing expands for the first time in two years.
July 24, 2013 Public hearings begin over proposed $1bn BC gold mine Federal environmental agency rejected the proposal in 2010.
July 24, 2013 Challenging a long-held assumption about commodities The bull market in commodities last decade was mainly a reflection of a sustained fall in the U.S. dollar.
July 23, 2013 Freeport profit down 32%, to cut capital spending by $1.9bn As a result of the almost two months stoppage at Grasberg, the miner lost about 125 million pounds of copper and 125,000 ounces of gold in the quarter.
July 23, 2013 Copper costs up, grades down: Metals Economics Group New copper mine capital costs up by 15% per year over the past 20 years.
Indonesia may slash nickel output to steady prices The Indonesian government is proposing a 34% reduction in production from this year’s total to 250 million tonnes next year. December 17, 2025 | 08:20 am