December 1, 2015

Forty pct of mining companies expect to cut staff in 2016

Burnout and low morale.

December 1, 2015

Barrick completes sale of 50% of Zaldívar copper mine to Antofagasta

The proceeds of the sale will be used to reduce a debt pile of $13 billion with a target of wiping out $3 billion this year.

December 1, 2015

Imperial Metals has been granted a permit to discharge water from tailings dam – Mount Polley mine

The volume of water behind the dam has been rising and concerns had been raised in recent weeks about what could happen as snow melts and its capacity is exceeded.

December 1, 2015

BHP Billiton to slash copper production costs, increase output

The miner expects to lower production costs to $1.08 per pound during the 2017 financial year, from a projected $1.21 per pound in the year ending June 2016.

December 1, 2015

KGHM taps BC start-up to help manage mine worksite

A start up building worksite management technology for miners.

November 30, 2015

Mining majors capitulate as metals rout continues

World's five largest mining companies together have lost an astonishing $570 billion in market value since 2011–the worst period of performance since 1966.

November 30, 2015

Iran mining bigger opportunity than oil

Iran is opening $29 billion of projects to foreign investors once sanctions are lifted – acquiring new mining equipment and technology is a top priority.

November 30, 2015

Up to 20,000 mining jobs gone in Australia by 2018 — report

Mining investment in Australia is forecast to fall a further 58% the next three years.

November 30, 2015

The upside of a down mining market

When the instinct is strongest to curl up in a ball and wait out the ravages of the down market is also when smart companies snap up distressed projects and…

November 29, 2015

China to slash copper output by 5%

Copper producers in China are taking drastic measures to arrest the plummeting price.