August 24, 2015

South32 survives mining sector slump, to cut $350m in costs until 2018

The company said is not keen on Rio Tinto's thermal coal assets, currently up for sale.

August 23, 2015

First Nickel locks gates to Sudbury mine

Three dozen miners out of work, as low metals prices shutter operation earlier than expected.

August 21, 2015

Metals heading for worst week of 2015

Metals from copper to aluminum fell again Friday, and were heading for their worst week of the year, after data showed Chinese factory activity shrinking at the fastest pace since…

August 20, 2015

Heap Leach: Mining’s breakthrough technology

New techniques for tailings treatment and sulfide ore recovery will see low-cost environmentally friendly heap leaching take another giant leap forward.

August 19, 2015

Glencore stock getting hammered as China slowdown, commodities rout hit profit

The world's leading commodity trader stock slumped to a record low Wednesday after it revealed it swung to a steep first-half loss of $676 million.

August 14, 2015

Vale ordered to halt production at giant Amazon nickel mine

Judge also orders compensation for indigenous people in the region following protests at mine responsible for 9% of Brazilian giant's nickel output.

August 14, 2015

Glencore sells stakes in three assets, gets only $290 million

Investors weren't happy with the news. The stock dropped to record lows Friday, becoming the top loser on FTSE 350 mining index.

August 13, 2015

Is Glencore about to dump $16 billion of stockpiles?

JP Morgan Cazenove says Swiss commodity trading giant has to start off-loading inventory to slash its $48 billion debt pile and keep its credit rating.

August 12, 2015

Freeport cancels copper exports from Indonesia as permit expires

The company, which runs the massive Grasberg mine in Papua, has stopped exporting since last month.

August 5, 2015

CRA targeting mining-sector tax havens

It’s an issue that the Canadians for Tax Fairness and the Liberal Party of Canada appear to be hoping to make a federal election issue.