January 27, 2015 Yukon Zinc temporarily closing Wolverine Mine Some crew will be assigned to care and maintenance.
January 26, 2015 Rio Tinto to drop Oyu Tolgoi $1.6bn royalty if expansion gets ok from Mongolia Documents obtained and verified by The Australian, show that Rio Tinto offered Mongolia to forsake a “net smelter return” of 2% cent of the project’s revenue.
January 26, 2015 Mongolia’s bonds slump with copper as spat with Rio stalls mine Mongolia’s dollar bonds and currency sank to record lows this month as a slide in commodity prices and a dispute with Rio Tinto Group over developing one of the world’s…
January 26, 2015 Zambia’s new leader to keep polemic mining tax Newly elected President Edgar Lungu wants to keep mining royalties at 20%, as opposed to the 6% companies were paying a month ago.
January 26, 2015 Loonie to hit 85 cents US in 2016 as Bank of Canada hikes key rate, TD forecasts Canadian dollar expected to fall to 75 cents U.S. before slowly climbing back to 85 cents by the end of 2016
January 24, 2015 Mining stocks fall as copper, iron ore price reach new lows Heavy selling across the board as commodities reach fresh multi-year lows, forecasts are slashed and weakness returns to precious metals.
January 23, 2015 Centerra a step closer to moving gold project in Mongolia forward The country’s parliament has designated its Gatsuurt Project as strategically important, paving the way for Centerra's application for the necessary approvals.
January 23, 2015 Anglo American mulls sale of more coal mines in Australia The operations that may be added to the list of assets for sale are Dawson and Foxleigh, in Queensland.
January 23, 2015 Baja Mining’s long-delayed and almost dead El Boleo finally reaches production Red metal output at the mine, over 18 months behind schedule and $750 million over budget, is expected to ramp-up by July.
January 23, 2015 World Bank: Commodities falling like it’s 1985 Organization predicts a rare occurrence in 2015: a decline in all nine commodity indices with industrial metals falling another 5%; precious metals down 3%.
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