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

Gold is money and it is essential to own some of the physical metal

Many individuals are perplexed about the current low gold prices especially with all the madness in the world. It just doesn’t make sense.

December 1, 2015

KGHM taps BC start-up to help manage mine worksite

A start up building worksite management technology for miners.

December 1, 2015

Chart of the Day – $Gold

This appears to be the only time in this bear market that miners are diverging from the price of gold as it moves down into an intermediate cycle low.

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

Mapping Alaska’s fatal flights

Summer months are the deadliest.

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.

November 30, 2015

Goodbye, mad hatter: UBC expert promotes safer gold mining

Small-scale or artisanal mining is responsible for producing around 400 tonnes of gold a year worldwide. It supports 160 million people, including about 16 million who are directly involved in…