July 11, 2014

Peru set to become world’s second largest copper producer in 2016

Currently China is the second largest producer of the red metal, with an annual output of about 1.6 million tonnes per year.

July 11, 2014

CME/Thomson Reuters win race to replace London silver fix

The race to replace the 117-year-old London silver price fix is finally over.

July 11, 2014

Asset boom and inflation ahead?

"If currencies in general are losing purchasing power then we believe that assets such as silver and gold will be fantastic investments to be positioned in."

July 10, 2014

Gold and silver shining bright—hit three-month highs

Platinum and palladium were also dragged higher by gold.

July 10, 2014

First Quantum resumes construction at Cobre Panama, hunts for new deals

The miner is now looking for new projects that will allow it to return more than 30% average value to shareholders, president Clive Newall said.

July 10, 2014

Turkish miner, Lonmin to explore for gold, silver in Ireland

Turkish gold miner Koza Altın has established a wholly owned subsidiary in Britain to undertake mining activities abroad.

July 9, 2014

Mongolia blames Rio Tinto for delays at Oyu Tolgoi

The move aims to shift blame for delays away from the government.

July 8, 2014

Job cuts coming to Antofagasta’s freshly combined copper operations

The copper miner controlled by Chile’s billionaire Luksic family, will cut jobs and costs through its new company Minera Centinela.

July 8, 2014

Chile’s Codelco to produce over 300 tons of silver this year

The company, already the world’s largest copper miner, wants to become one of the top silver producers too.

July 7, 2014

CME/Thomson Reuters bid in lead for the silver fix— reports

The Chicago Mercantile Exchange/Thomson Reuters joint bid has emerged as the frontrunner to replace the current price process, which formally ends on August 14.