July 25, 2012 Antofagasta Minerals ‘scored’ with appointment of ex-Codelco CEO Hernandez: analysts FTSE 100 miner, copper giant Antofagasta PLC (LON:ANTO) announced Tuesday it had appointed Diego Hernandez, the former head of state miner Codelco, a move qualified by insiders as “a goal”…
July 25, 2012 Gold up $32 as QE3 drumbeat grows louder Gold scaled the $1,600 an ounce level for the first time in three weeks on Wednesday as investors, worried about cheap money flooding markets and debasing the US dollar, turn…
July 25, 2012 Harmony opts to starve illegal miners The drastic step, as reported by Reuters, is to "cut supply lines to gangs of illegal miners used to staying deep in the mines for months on end, threatening lives…
July 25, 2012 Barrick Gold announces dividend The company announced that its board of directors has declared a quarterly dividend of $0.20 cents per share, payable on September 17, 2012 to shareholders of record at the close…
July 25, 2012 Third time’s the charm for Peru’s mining issues? Faced with never ending environmental and social conflicts over mining projects, Peru's President Ollanta Humala decided yesterday to reshuffle his Cabinet… again…for the third time.
July 25, 2012 Teck Resources down 5% after profits more than halve The diversified miner suffered lower realized prices across the board with copper down 14% to $3.57 a pound, its realized coal price was 26% below Q2 2011 at $202 a…
July 25, 2012 Randgold Resources – mining starts at Kibali Open pit mining has started at the giant Kibali gold project in the DRC, which remains on track for first production towards the end of next year.
July 25, 2012 Miners buying existing projects rather than starting their own: study Escalating costs and economic instability may be the two main reasons why mining companies worldwide are acquiring existing projects instead of starting their own, shows the latest report from global…
July 25, 2012 Slowdown? What slowdown? Caterpillar’s best quarter in history Caterpillar Inc (NYSE:CAT), the world's largest earth-moving equipment maker, raised its 2012 profit forecast on Wednesday based on its quarterly profit report, which beat by far most of Wall Street's…
July 25, 2012 China amassing ‘absolutely shocking’ amount of gold Storied money manager Stephen Leeb says China is acquiring as much gold as it possibly can in a spate of 'controlled desperation.'
Chinese copper smelter, Antofagasta agree to record low fees Tough negotiations reflected a market facing abundant refining capacity but tight global ore supplies. December 22, 2025 | 12:20 pm
