March 24, 2015

Mining for copper just got a lot cheaper

A new study shows the costs of mining for the red metal have steadily declined over the past three years.

March 23, 2015

Chile’s court says Barrick’s Pascua-Lama has not damaged glaciers

The country's Environmental Court handed Monday a major victory to Barrick’s besieged Pascua-Lama gold, copper and silver project, straddling the border with Argentina.

March 23, 2015

South Africa woes cast doubt on BHP spin-off success

There are a number of challenges South32 is likely to face, including potential Black Economic Empowerment ownership concessions and power price hikes.

March 20, 2015

Obama unveils long-awaited fracking rules

The updated regulations, in the works since 2012, set standards for wells and disposal of wastewater. They also require disclosure of chemicals used.

March 20, 2015

Copper up, FCX down as workers halt production at Grasberg

The copper price recovered from a one-month low on Wednesday to gain 3% on Thursday, as the metal markets reacted to a dovish Fed statement and news out of Indonesia…

March 19, 2015

Chile imposes 2nd highest fine in history to Pan Pacific Caserones mine

Japan's top smelter, Pan Pacific Copper, will have to pay $11.9 million for breaching several environmental rules.

March 17, 2015

April Simandou auction amid new low in iron ore price

Iron ore fell to a new 7-year low on Tuesday, but Guinea is pressing ahead with the auction of north Simandou, the richest undeveloped deposit in the world.

March 16, 2015

BHP’s South32 spinoff to cost $738m

Board proposes to give shareholders one share in the $12bn spin-off company for every BHP share owned, but the whole process comes with hefty fees.

March 16, 2015

Kidnapped Goldcorp miners found dead in Mexico

Three corpses were found on Friday in a mass grave in southwestern Mexico's Guerrero state.

March 16, 2015

Barrick to get $1.5 billion for Chilean copper mine

The gold miner is said to be evaluating whether to put its Zaldivar copper mine on the block as it tries to meet an ambitious debt reduction target.