December 16, 2013

Peru’s mining attracted close to $9bn in investments this year

The potential is appealing. Peru holds13% of the world's copper reserves, 4% of gold, 22% of silver, 7.6% of zinc, 9% of lead and 6% of tin reserves.

December 2, 2013

Vale slashes investment budget for third straight year to $14.8bn

Budget for 2014 is 9.2% lower than last year’s and well below the $18 billion total from 2011.

November 29, 2013

Rio Tinto closing alumina refinery in Australia, 1,100 jobs to be lost

The Gove refinery has been struggling for a while, due mainly to low prices.

November 28, 2013

Aluminum prices follow gold’s steps, down to four-year low

Market struggling with oversupply.

November 25, 2013

Guinea strikes $5bn mine deal with Abu Dhabi, Dubai

Deal includes developing a bauxite mine and alumina refinery in the west African country.

November 5, 2013

Newly developed aluminum alloy stores hydrogen for fuel cells

Aluminum-based alloy hydrides are light weight, non-toxic to plants and animals, and contain no volatile gas products, except hydrogen.

October 30, 2013

Aluminum giant Alcoa struggles with power for its three smelters in Canada

About 3,300 people would lose their jobs.

October 25, 2013

Rio sells stake in Clermont coal to Glencore for $1bn

The mining giant is selling its 50.1% stake in Clermont coal mine to a company jointly owned by Glencore Xstrata and Sumitomo Corporation.

October 18, 2013

China to become world’s main consumer of base metals by 2017— report

Wood Mackenzie also predicts the global base metals market will grow from 96Mt in 2013 to 122 Mt by the end of 2018.

October 4, 2013

Done deal: Rio sells mothballed Blair Athol coal mine to Linc Energy

Acquisition comes a day after Linc said it wants to get de-listed from the Australian market to re-list it in Singapore, in hopes of luring Asian investors.