October 24, 2011 Rio: Iron ore price drop accelerating move to shorter contracts As the price of iron ore continues to tumble, Chinese buyers of the crucial steelmaking ingredient are backing away from quarterly contracts in favour of cheaper monthly contracts or spot…
October 21, 2011 Copper bounces 5.5% from 15-month low as supply disruptions begin to bite In early morning trade in New York, copper for delivery in December jumped 5.5% from yesterday's 15-month low to trade at $3.23 a pound after France and Germany made positive…
October 21, 2011 Newmont pays more than $47 million to Ghana government Newmont Ghana Gold Limited has paid more than $47 million (GH¢71.44 million), representing taxes, royalties and levies for the third quarter of this year, to government.
October 20, 2011 Mined out town to De Beers: ‘Our suffering is forever’ A small South African community 300km north of Cape Town is taking on De Beers over the diamond giant's plans to sell its 970 square km Namaqualand properties to a…
October 19, 2011 Copper sinks after Fed predicts ‘weak outlook’ The markets hammered copper on Wednesday after the Federal Reserve said in its Beige Book survey that economic prospects in the United States appear to be dimming. The red metal…
October 19, 2011 Newmont rides out Yanacocha protest as Peru government steps in Newmont Mining announced on Wednesday protesters are now allowing access to the Yanacocha gold mine in northern Peru. A local paper reported protesters decided to remove roadblocks following an agreement…
October 19, 2011 Rio targetting 2015 for first iron ore from Simandou Rio Tinto said it expects its Simandou iron ore project in Guinea to begin producing by mid-2015. The company has approved $211 million in continuing studies and $1.12 billion to…
October 19, 2011 Rio outbids Cameco for Hathor Exploration Rio Tinto (LON:RIO ) is expanding its presence in Canada with an all-cash offer to acquire Hathor Exploration (TSE:HAT), which owns the Roughrider uranium deposit in Saskatchewan. The global mining…
October 19, 2011 BHP iron ore production hits quarterly record BHP Billiton (NYSE:BHP) had a record quarter for iron ore production, the company announced today, with shipments from Western Australia reaching 173 million tonnes, a 28% increase over the same…
October 17, 2011 Sabotage, deadly clashes shut down Grasberg China's state news agency reports all production at Freeport McMoran's Grasberg mine in a remote province of Indonesia has been halted after a pipeline was sabotaged, access to the pit…
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
