October 31, 2014

BHP’s Olympic dam expansion off agenda until prices improve

The miner blamed low metals prices and productivity inefficiencies for the decision.

October 30, 2014

Goldcorp takes $36 million writedown on Mexican mine

Value of low-grade ore stockpile at the Peñasquito mine dropped, raising average costs by $64/oz. and negatively affecting adjusted earnings by $0.04/share.

October 30, 2014

Barrick boosts ties with China, names Woo Lee as regional leader

Woo served as a U.S. State Department representative in Asia for about 15 years with postings in countries including China, Japan and Australia.

October 30, 2014

BHP sends mixed signals on potash plans

Investors are uncertain about BHP Billiton Ltd.’s ambitions in the potash space, especially when it comes to its massive Jansen project in Saskatchewan.

October 29, 2014

Chile passes historic law to aid copper giant Codelco

It grants the world's No.1 copper miner an injection of US$4 billion for the next four years.

October 29, 2014

Nova Scotia to use fracking waste at cement plant

Five million litres of wastewater will be disposed at the Brookfield-based plant following a successful pilot project earlier this spring.

October 28, 2014

Rio Tinto’s Argyle Pink Diamonds Tender delivers exceptional results

Rio Tinto’s 30th anniversary collection of 54 rare pink and red diamonds from its Argyle diamond mine has delivered exceptional results, achieving the highest average price per carat since the…

October 28, 2014

Freeport-McMoRan’s profit down 32% amid lower copper, gold prices

The U.S. largest miner by market value and revenue is also dealing with a strike threat at its Indonesia's Grasberg copper and gold mine, which recently resumed operations.

October 27, 2014

De Beers CEO to be guest speaker, at WDC’s 2014 Annual Meeting in Antwerp

Philippe Mellier will address a special all-day session focused on issues associated with the Kimberley Process.

October 27, 2014

Anglo American ships first iron ore from Brazilian Minas-Rio project

Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.