December 1, 2016

Lundin shares bounce on payout, guidance

Following $1.1 billion Congo mine sale Toronto-based copper-zinc miner announces inaugural dividend and strong operational forecast.

December 1, 2016

Norilsk Nickel launches legal action against BCL over non-payment for African asset sale

A legal claims against BCL in the Botswanan courts and in the London Court of International Arbitration to recover the USD 271.3 million

November 29, 2016

Horizonte to raise $11.2M to fund Brazil’s next major nickel mine

Araguaia, which hosts a proven and probable mineral reserve of almost 25 million tonnes grading 1.77% nickel, is expected to begin production by 2019.

November 28, 2016

Trump infrastructure bump forecast for global economy

New report predicts US infrastructure spending promised by president-elect could propel global growth to highest since 2011 further boosting metals demand.

November 28, 2016

Mine closures will slow global nickel market growth to 2020 – report

Despite increased demand for nickel, low profitability owing to the combination of persistently low prices and higher costs may result in project closures over the next five years, according to…

November 27, 2016

CHART: Mining capex decline set to continue

Global miners have been cutting spending on new projects and expansions since 2012.

November 25, 2016

South32 looking for more coking coal mines

The company, however, has decided to stay away from thermal coal assets due mainly to uncertainties over demand linked to climate concerns.

November 23, 2016

4 workers killed in Cuba bridge collapse

Tragedy struck Canadian company Sherritt (TSX:S) on Tuesday, with news that a bridge collapsed, killing four workers.

November 18, 2016

Canada’s Quebec launches online tool to help suppliers win up to $50bn in contracts

Platform aims to help local suppliers bid for contacts related to the Plan Nord, a provincial initiative to invest about $1.3 billion in infrastructure and other projects over the next…

November 17, 2016

CHART: Trump $500 billion will do very little for global mining

Even if the US president-elect's massive infrastructure build-out plan makes it through Congress intact.