June 15, 2012

Violence erupts at Glencore’s Bolivian mine

It is believed that the violence resulted from Glencore workers trying to forcefully take back control from a rival Bolivian state-based company.

June 15, 2012

End of an epoch as Hong Kong exchange takes over 135-year old LME

The three losing bids were all from the US and the deal marks a decisive shift in the commodities trading business away from Chicago and London to Asia.

June 14, 2012

Myanmar: what investors need to know

American based sanctions removed, over $2 billion invested and host to the South Asian Games.

June 14, 2012

Scathing report calls India’s 2,600 mines ‘out of control’

Illegality in the mining sector has deprived state governments of badly needed revenues, threatened the industry with costly and unpredictable shutdowns, and generated political chaos that helped bring down two…

June 13, 2012

Mining companies should chase more M&As – JPMorgan

Asset manager at JPMorgan, Neil Gregson, says mining companies should pursue more takeovers as escalating costs prompt them to slow spending on expansions.

June 12, 2012

Prairie Creek Mine gets OK from aboriginal affairs

CBC reports that Canadian Zinc (TSE:CZN) has passed another milestone in getting its zinc-silver-lead-copper Prairie Creek Mine up and running with an OK from John Duncan, the minister of Aboriginal…

June 9, 2012

Teck announces five-year labour deal with Trail employees

Teck Resources, Canada's largest diversified miner, reached a five-year agreement with unionized employees at its Trail Operations.

June 8, 2012

Dominican Republic: Sandy beaches, turquoise water and $58 billion waiting to be extracted

The Dominican Republic is soon to become more than just a sunny destination. Data published by the country’s geology society claim the Central American nation is sitting on nearly $58…

June 7, 2012

Kloppers clobbers capex: Forget Olympic Dam and Jansen, BHP is now even cutting back iron ore

“The economics of some of these projects has changed,” he said. “I think for the next two years, 18 months perhaps, we will just wait and see how things develop.”

June 7, 2012

10-year review critiques the mining industry’s sustainability

The IIED report urges the sector to move from improving its standards in principle to actually implementing them in practice.