April 11, 2017 Water scarcity, pollution to take shine off Latin American mining sector In addition to raising costs for miners and delaying certain projects, the focus on the amount of water used by the extraction industry in the region will boost social pressure…
April 11, 2017 BHP Billiton to escalate defence from Elliott with Goldman’s help Analysts expect BHP to argue that a demerged petroleum business would need to fund offshore growth projects by raising debt. It may also contend that a stand-alone division won’t have…
April 10, 2017 Iron ore prices keep falling despite a decrease in China’s inventories After a 85% rise in 2016, iron ore prices are now down 3.2% so far this year, which has placed the commodity in a bear market.
April 10, 2017 BHP rejects activist fund Elliott urge to spin off US oil assets Company says the associated risks of spinning off about $22 billion of its US oil assets and listing them in New York would significantly outweigh any potential benefits.
April 7, 2017 Coking coal price close to $300 a tonne on Australian disruptions Coking coal prices gained 86% to $283.10 a tonne this week, the biggest gain in four years.
April 7, 2017 Iron ore miners shares drop as prices collapse Ore with 62% content in Qingdao fell almost 7% overnight, entering a bear market and erasing all of this year’s gains.
April 6, 2017 Rio Tinto to fight $447 million Australian tax bill The amount is linked to what is known as “transfer pricing” between Rio Tinto’s Australian operations and its Singapore office.
April 6, 2017 Erdene Resource moving forward with flagship project in Mongolia While the company had other projects in the country, the Bayan Khundii gold project went from greenfield prospect to being its main asset in roughly nine months.
April 6, 2017 Barrick confirms selling half of Veladero to Shandong Gold for $960 million Deal will also see the two firms looking at jointly developing the nearby Pascua-Lama gold, silver and copper project and evaluating additional investment opportunities in the area.
April 5, 2017 Escondida strike less damaging to Chile’s copper output than thought — report Experts expect the country, which accounts for more 30% of the world's copper supply, to produce 5.4 million tonnes of the metal in 2017, slightly down from the 5.5mnt it…
Zijin Mining seeks $1.5 billion from convertible bonds as gold surges Company plans to use proceeds to fund capital expenditure related to the construction of the La Arena gold mine project in Peru. January 29, 2026 | 05:09 pm
