October 9, 2015

Glencore responsible for extension of coal strike in S. Africa — union

According to the National Union of Mineworkers (NUM), the Swiss-based company is the one “holding the whole process to ransom".

October 9, 2015

These are the top factors North American miners consider when buying equipment

A survey of over 100 mining equipment buyers and decision-makers shows that 40% of them are still focused on cost cuts.

October 8, 2015

ArcelorMittal sued over pollution from US coke plant

PennEnvironment claims the steelmaker has repeatedly violated the federal Clean Air Act at its Monessen coke plant since the facility reopened last year.

October 8, 2015

Indonesia promises Freeport to extend Grasberg contract

The approval will include “the same rights and the same level of legal and fiscal certainty provided under its contract of work,” the company said without elaborating.

October 8, 2015

Suncor calls Canadian Oil Sands’ poison pill ‘inappropriate’

"Disappointed but not surprised"

October 7, 2015

Carl Icahn moves two directors onto Freeport McMoran’s board

Freeport-McMoran was up 9.97% on the news to $13.01.

October 7, 2015

Canadian Oil Sands rejects Suncor bid; adopts poison pill

Buying time.

October 7, 2015

Teck signs up for silver stream agreement with Franco Nevada

Teck jumps 14%.

October 7, 2015

Mining stocks surge as end of commodity rout called

Morgan Stanley sees a "sharp reversal" in commodities with prices rising nearly 20% by 2017 making mining stocks "historically attractive".

October 7, 2015

Ranger Mine says proper protocols were followed regarding controlled fire

Weather conditions changed.