March 8, 2016

Chile helping miners to stay afloat, but threat of labour reform, lower copper prices loom

The government has set aside some $20 million through June to assist small and medium miners

March 7, 2016

Top 5 iron ore firms value shoots up $62bn in just five weeks

Riding a rocketing iron ore price, market cap of Vale, Rio Tinto, BHP Billiton, Fortescue Metals and Anglo American gain a combined 54% since early February.

March 7, 2016

Cameco slowly expands world’s biggest uranium mine, betting on recovery

Cameco's McArthur River mine in northern Saskatchewan is expected to produce 20 million pounds this year.

March 2, 2016

BHP, Vale shares surge on Samarco deal

Iron ore giants reach deal with Brazilian government to pay $6.2 billion over several years for clean up after November's deadly tailings dam spill.

March 2, 2016

World’s top copper miner sees metal at $2 a pound for at least two years

Codelco says current copper rally will be short-lived.

March 2, 2016

Barrick announces ‘drastic revision’ of Pascua-Lama, may add partner

Analysts believe that Barrick’s partner in Papua New Guinea, Zijin Mining Group, could be the one to help turn Pascua-Lama into a success.

March 1, 2016

Glencore swings to loss on write-downs and collapsing coal, metal prices

The Switzerland-based mining and energy giant lost $5 billion in 2015.

February 26, 2016

Zimbabwe diamond firms revolt, to sue Gov’t over mining ban

Affected companies are said to be looking for a way out of the situation, which includes legal actions or even international arbitration.

February 25, 2016

Vale posts record loss, to sell core assets

It posted a fourth-quarter net loss of $8.57 billion, its fifth drop in the past six quarters.

February 25, 2016

South32 looking for assets despite $1.75bn loss, massive layoffs

Despite the loss and a 94% drop in earnings, analysts believe the company's modest debt of $116 million makes it well-positioned to act on opportunities.