January 20, 2015

Rio Tinto’s diamond output down 14% in 2014

The company pointed to the transition of its Argyle mine from open pit to underground, as well as a shift toward processing lower-grade ore at Diavik as the main reasons…

January 20, 2015

Rio Tinto digging up more iron ore despite slumping prices

The world’s second largest iron ore miner is targeting a 18% output increase this year, adding to a mounting global glut that has driven down the commodity price.

January 19, 2015

Goldcorp strikes $440 million deal for Probe Mines

The move will see the miner taking control of the Borden Gold project in northern Ontario.

January 18, 2015

Inglorious writedowns: Gold sector’s bad bets wiping out lifetime earnings — and investor confidence

Goldcorp Inc. could soon join an inglorious group: large gold miners that have a net loss to show for their entire history as corporate entities.

January 16, 2015

Cameco’s Cigar Lake to produce 6-8 million pounds in 2015

The Canadian company, the world's third-biggest uranium miner, expects the mine to reach full production of 18 million pounds per year in 2018.

January 14, 2015

Rio Tinto in talks to ship uranium to India

Ceo Sam Walsh has said the firm expects to start exporting Australian uranium to India by 2017.

January 14, 2015

‘Mick the Miner’ goes after Vale’s nickel assets

The 56 year old who built Xstrata into one of the world’s biggest mining firms and then sold it to Glencore, is tipped to be on the verge of landing…

January 12, 2015

Rio Tinto to spend at least $500 million to advance diamond project in India

The Bunder project will be one of the only four diamond mines to be operational over the next decade.

January 12, 2015

Coeur Mining buys Wharf Mine for $105 million from Goldcorp

An open pit operation with 170 workers.

January 10, 2015

Gold stocks turning up

The gold miners have seen impressive investor interest in their beaten-down stocks in this young new year, with capital inflows fueling a sharp rally.