July 7, 2015 Cupric to spend $200 mln to build Botswana copper mine Cupric Canyon Capital, a private equity firm backed by a unit of Barclays Plc, will spend $200 million to bring its copper-silver mine in Botswana to production.
July 7, 2015 Copper prices hit 6-year low, blame China As high volatility in the Chinese stock-market reinforced worries of a dropping demand from the nation, the world’s top metals consumer.
July 7, 2015 These are the top business risks mining and metals firms face Getting — and keeping — a social license to operate, as well as resource nationalism, remain among the top five business risks for the industry.
July 7, 2015 Stansberry’s Matt Badiali shares his guide to avoiding pitfalls in the climb to resource investing heights Successful resource investors have to make their way past a lot of money pits before they find a stock that will make it to the top.
July 6, 2015 Canadian Kaizen to buy Pinaya copper-gold project in Peru The miner is is acquiring a 100% interest in the Pinaya copper-gold project from AM Gold (TSXV: AMG) for $4.5 million to diversify its portfolio.
July 6, 2015 Mongolia to sell stake in its giant Tavan Tolgoi coal mine The move is part of a plan to sell the government's holdings in 10 state-owned companies over this year and next to boost foreign investment and revive growth.
July 3, 2015 China’s rate cuts to slow copper demand even further — report China's central bank commitment to ensure policy remained prudent this year may mean no more monetary stimulus, which could see copper demand growth slow further.
July 2, 2015 Chile gives copper giant Codelco much-needed $225 million cash injection The funds will come from the company’s own 2014 profits, as the state-owned miner gives its profits to Chile's government.
July 2, 2015 Anglo American laying off up to 20% of its staff as investors press for further savings Cuts likely to be announced at the end of the month, when the miner is set to publish its first-half results.
July 2, 2015 Mongolia’s mining sector ready to take off again — Erdene Resource The company, which owns a gold project in Mongolia, is optimistic about the country's stance towards foreign mining investment over the coming years.
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