February 5, 2018

Monday massacre: Gold price rises as stocks crater

Gold, copper prices gain as US blue chip index suffers worst points drop in history.

February 5, 2018

Private capital favours investing in copper over gold for first time

New report shows private equity investment in mining jumped to $2.3 billion last year, with the bulk going into copper and battery metals.

February 5, 2018

Rio investors asked to push miner to leave Minerals Council of Australia

Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio’s upcoming annual general meeting.

February 5, 2018

Congo’s Gecamines to rework contracts with foreign partners

Some of the company’s international mining partners include major names such as Glencore, China Molybdenum and Ivanhoe.

February 5, 2018

Pile-of-cash dilemma for mining industry once crippled by slump

With metals from zinc to palladium trading at multi-year highs, four of the world’s top producers generated combined free cash flow last year of about $87 million a day.

February 5, 2018

Randgold doubles dividend as CEO charges against DRC mining code

Randgold boosted divvy to $2 a share, after a year of record production and soaring profits, but warned the good times may be over soon as it’s now facing demanding…

February 4, 2018

Randgold calls Congo’s new mining code “draconian”

Mark Bristow says the law will “severely limit the growth of the mining industry in the DRC as well as the country's own economic prospects.”

February 2, 2018

Commodity boom has a dark side as cost creep erodes windfall

Mining and metal companies are rediscovering the downside of rallying prices: higher costs.

February 2, 2018

Southern Copper surprises with $287.5 million net loss in fourth quarter

Analysts had forecast a $419 million net profit for the company in the fourth quarter.

February 2, 2018

Goldman all but says the mining supercycle is back

“The environment for investing in commodities is the best since 2004-2008” – Goldman Sachs