March 25, 2016

Barrick Gold chairman John Thornton takes a 76% pay cut

He will receive $3.4 million for his work in 2015, including compensations and pension, a significant reduction from the almost $13 million he pocketed in 2014.

March 24, 2016

World’s No.1 copper miner Codelco posts historic loss of $1.4bn in 2015

For every penny copper prices drop, Codelco loses $36 million and Chile, the world's largest producing country, $50 million.

March 24, 2016

US judge rules Barrick Gold must face group lawsuit over Pascua-Lama mine

Class action claims that Barrick repeatedly and knowingly misled shareholders about whether Pascua-Lama complied with environmental regulations.

March 22, 2016

The end of the global diversified miner?

New report predicts mining's majors will increasingly move away from diversification strategies to concentrate on competitiveness in certain core sectors.

March 17, 2016

March mining madness as copper, iron ore prices rebound

Volatile metal and mining stocks enjoy another huge rally Thursday as copper jumps to four-and-a-half month high and the iron ore price surges 5.5%.

March 17, 2016

Goodbye Sam Walsh: Rio names copper boss as new CEO

The change of leadership comes as the mining giant and its peers look for a way out of a prolonged commodity slump.

March 14, 2016

Production at giant Arctic diamond mine months away

De Beers joint venture in Canada's Northwest Territories, the world's largest diamond mine under development, now 87% complete.

March 11, 2016

Top 3 gold miners get ratings boost but Goldcorp cut

Outlook also remains negative for Barrick, but Newmont's growing portfolio, $2 billion-plus earnings potential even at much lower gold prices praised.

March 11, 2016

BHP, Vale to reopen Samarco mine later this year

They have already taken the first steps towards resuming activity, applying for permission to use old mining pits to store tailings.

March 10, 2016

BHP’s $14 billion Jansen potash becomes latest victim of commodities rout

BHP has cut $130 million from this year's planned $330 million capital expenditure to develop and study the feasibility of the project.