April 23, 2015

Chile to fine Barrick over ten new environmental violations

The country's Superintendence for the Environment (SMA) also said the miner has not properly monitored the impact on nearby glaciers.

April 22, 2015

Iron ore price rockets

Jumps 6% on Wednesday to four-week highs despite record-setting production numbers from Big Three.

April 22, 2015

Mick Davis tells investors to stay away from coal, Africa

When asked about how much lower commodities prices will dive this year, Davis said he thought they were close to hitting rock bottom.

April 22, 2015

BHP yields to pressure and low prices, halts iron ore expansion

The company has become the first big miner to delay a planned output expansion.

April 21, 2015

Rio Tinto iron ore output up again, but exports fall

The miner shipped 72.5m tonnes in the quarter, up 9% from a year earlier but down 12% sequentially.

April 17, 2015

BHP, Rio face hard choices as ore woes set in

Once the darlings of the local market, BHP Billiton and Rio Tinto now face a rocky road as investors accept the reality that lower iron ore prices will last for…

April 17, 2015

Rio Tinto claims it will ‘thrive’ on lower iron ore prices

The miner defended his decision to boost production, which has led to sinking prices and threatens to put some competitors out of business.

April 16, 2015

Codelco to unveil plan to speed up delayed Chuquicamata mine expansion

The plan seeks to tackle an almost yearlong delay in the project to turn century-old Chuquicamata open pit mine into an underground operation.

April 15, 2015

Codelco spending $25 billion just to keep output steady

$5 billion a year for five years will merely replace exhausted mine capacity says CEO of world's largest copper company.

April 15, 2015

Canada and India sign historic uranium supply deal

As part of the agreement, Cameco will supply 7.1 million pounds (3.22 million kilos) of uranium concentrate to India over the next five years.