February 15, 2016 Newcrest Mining’s profit US$117 lower due to Cadia outage, lower copper and gold prices All-in sustaining cost of gold is $US770 per ounce.
February 15, 2016 Freeport-McMoRan sells 13 pct stake in Morenci Mine to Sumitomo for $1 billion Morenci is an open-pit, copper mine located in Arizona. In 2015, FCX’s 85 percent share of Morenci revenues totaled $2.2 billion and production and delivery costs totaled $1.5 billion.
February 14, 2016 Taseko files lawsuit against Ottawa over B.C. gold and copper mine decision Taseko Mines Ltd. (TSX: TKO) is suing the federal government in B.C. Supreme Court and seeking unspecified compensation for a 2014 decision that blocked development of a proposed $1.5 billion…
February 12, 2016 Rio told to start buying copper mines rather than build them Rio has a list of assets it’s keen to buy should they come up for sale, Chief Financial Officer Chris Lynch said
February 12, 2016 Argentina’s new government scraps mining taxes President Mauricio Macri has revoked a 5% tax imposed by the previous administration on mining companies.
February 12, 2016 Pummeled by oil bets, Freeport and Teck get some crude reward Teck Resources and Freeport-McMoRan led a mining stock rally on Friday as surging oil prices provided relief for their foray into energy before prices tumbled.
February 11, 2016 Teck Resources logs $536M loss in Q4 on depressed commodities, asset charge The loss includes a Cdn$598 million impairment charge on its Fort Hills oil sands project in Alberta.
February 11, 2016 Rio Tinto swings to loss, blames metal prices slump The world’s second biggest mining company has scrapped its dividend policy as a result.
February 10, 2016 EPA says Colorado mine spill dumped 880,000 pounds of metals into river The report didn’t identify the metals but said researchers were looking at cadmium, copper, lead, mercury, nickel and zinc.
February 10, 2016 Congo gives up plans to change mining code The move could have driven away investors at a time of historically low commodity prices and energy shortages that are driving down output in the country.
Super Copper’s Cordillera project approved by Chile’s National Mining Authority The concessions cover approximately 6,858 hectares in the Atacama copper belt. December 24, 2025 | 11:24 am
