April 28, 2014

Mick Davis wants BHP’s coal division to be cornerstone of his new mining empire

Davis’ X2 Resources has already built a war chest of almost $4 billion and is believed to be asking JPMorgan for US$8bn loan to back up a formal offer to…

April 22, 2014

Teck to axe 600 jobs, postpones Quintette coal mine restart

Weak commodity prices hurt Teck's three core business units —coal, copper and zinc— but coal was particularly hard hit due to increased supply from Australia, the company said.

April 14, 2014

Fortuna Silver jumps after breaking production records

The Vancouver-based miner's shares surge after its silver and gold properties in Mexico and Peru up production more than 50%.

April 2, 2014

BHP bullish on coal demand, but says prices to remain weak

The mining giant believes demand for coal to keep growing over the next 20 years, driven mainly by China and India.

April 1, 2014

BHP Billiton mulls spinning off non-core divisions into $18bn firm

The separate company would be listed on the London Stock Exchange, as well as the Australian and South African markets.

March 31, 2014

Mick Davis scores $3.75 billion to build new mining empire

The former Xstrata boss is already hunting for mining deals.

March 26, 2014

Jeff Killeen: A picky player’s guide to a cautiously optimistic mining market

The price of gold may be enjoying a double-digit increase so far this year and some equities may even have doubled their value, but Jeff Killeen of CIBC World Markets…

March 16, 2014

Five major copper mines to begin operations in Peru by 2016

Combined estimate investment exceeds $13 billion, says the government.

March 13, 2014

Derek Macpherson: Is it a love affair or a tryst?

Investors have again begun flirting with the junior mining sector. Will it lead to a love affair or is it just a tryst?

March 6, 2014

Greenland embraces mining rush, but won’t ‘favour one country alone’ — Prime Minister

Arctic region's vast riches set to attract over $100 billion in investments over the next decade.