April 30, 2015

Vale falls victim of the iron ore slump, posts $3.2bn loss

Today's results are the lowest earnings Vale has reported in six years and its third straight quarterly loss.

April 30, 2015

Goldcorp posts loss on lower margins, higher tax

The company's stock is being ripped apart on both, the New York and the Toronto Stock Exchanges as a result.

April 28, 2015

Majority of Barrick’s shareholders rejects compensation plan

As much as three quarters of investors voted in favour of a non-binding motion to change the way the gold giant compensates its executives.

April 28, 2015

Codelco to send robots inspect equipment at Gabriela Mistral mine

The company, dealing with aging mines, has been leaning on a wide range of new technologies to reduce operating costs and increase efficiencies.

April 28, 2015

Barrick begins sale of stake in Chile’s Zaldivar copper mine

Chinese companies, private equity firms including Mick Davis’s X2 Resources, and even Teck Resources are rumoured to be among the potential buyers.

April 27, 2015

Picking undervalued gold equities is akin to picking strawberries: Randall Abramson

Pick one: long gold or short gold?

April 27, 2015

Iron ore recovery gives miners breathing space

Prices for the steel-making material added Monday US$1.28 or 2.17% to US$59.09 a tonne, taking its gain since bottoming on April 2 to 25%.

April 24, 2015

Iron ore price enters bull market

After a stunning week of gains iron ore is now trading 22% above record lows hit early April.

April 24, 2015

Barrick faces fresh opposition to executive pay plan

The Canada Pension Plan Investment Board will vote against the gold miner’s executive compensation structure next week.

April 23, 2015

Half of U.S. fracking companies will be dead or sold by the end of this year

Half of the 41 fracking companies operating in the U.S. will be dead or sold by year-end because of slashed spending by oil companies, an executive with Weatherford International Plc…