August 10, 2014

Newmont steps up pressure against W. Australia’s royalty hike

Company argues a royalty hike would jeopardize the profitability of Australia's two largest gold mines.

August 7, 2014

Rio Tinto’s cuts are the deepest

Profits double after CEO Sam Walsh trims $3.2 billion of fat six months ahead of target and announces another $1 billion in cuts by end-2015.

August 6, 2014

BHP vows to fight planned Aussie port strike

More than half country's iron ore shipped via export hub.

August 6, 2014

Chile’s court rules in favour of KGHM’s Sierra Gorda storage facility

This is the third project in the past four moths to be given the go-ahead after an initial unfavourable ruling.

August 6, 2014

Glencore ‘wants to develop Guinean projects quickly’

A leaked presentation suggests Glencore is very serious about developing one of mining's richest prizes – West Africa's vast Simandou iron ore deposit.

August 5, 2014

Canada’s Manitoba to open bids for major potash deposit

The potential mine could generate $2 billion worth of royalties for the province over the course of 40 years, and sustain close to 600 jobs.

August 1, 2014

Codelco’s new CEO to lead the copper miner’s $25 billion revamp

Nelson Pizarro (73) will carry out the biggest investment plan in Codelco’s history.

August 1, 2014

ArcelorMittal buys Mount Nimba from BHP

The deposit in the south of Guinea boasts 935 million tonnes of 63.5% direct shipping ore.

August 1, 2014

Mongolia foreign investment craters 70%

The Asian nation is dependent on foreign investment in the mining sector to fuel growth.

August 1, 2014

Iron ore price bulls are back

But prediction of a rise above $100 a tonne in the "near future" may not be enough for smaller producers as the big three flood markets.