MINING.COM

Glencore shares soar on faster than expected debt reduction

The stock ignored news from Zambia where President Edgar Lungu said he would not allow the firm to lay off workers at its Mopani Copper Mine, as it mothballs it for 18 months.

Cecilia Jamasmie | November 4, 2015 | 3:16 am

Skeena acquires GJ copper-gold project

Acquired from majority owner Teck Resources Limited

Skeena Resources | November 4, 2015 | 1:50 am

These 10 mines will set the copper price for the next decade

Producing nearly a quarter of global copper, these gigantic mines are undergoing multi-billion dollar expansions.

Vince Peckham | November 3, 2015 | 11:33 pm

Gold price: Hedge funds ready to dump 430 tonnes

Five days of selling drops gold price nearly 6% ahead of crucial US jobs numbers on Friday as large futures investors liquidate massive bullish positions.

Frik Els | November 3, 2015 | 3:52 pm

Silver Wheaton pays $900m for Glencore silver stream

The Vancouver-based streaming company says the deal immediately adds expected average silver production of 5.1 million ounces per year.

Frik Els | November 3, 2015 | 2:59 pm

Chile’s Codelco lays off over 4,000 workers

The drastic move makes of Codelco the mining company that has let go the highest amount of workers in Chile since copper prices began their decline over a year ago.

Cecilia Jamasmie | November 3, 2015 | 10:00 am

Christie’s expects $28 million for this pink diamond

The stone is the largest cushion-shaped Fancy Vivid Pink diamond ever to go on sale at an auction.

Cecilia Jamasmie | November 3, 2015 | 9:33 am

Sandvik advances further in longwall mining

Sandvik continues its successful development of equipment for longwall mining with the launch of its next generation Sandvik MB670-1 bolter miner. The new Sandvik MB670-1 increases productivity, reduces total cost of ownership and improves safety and ergonomics for operators.

Sandvik | November 3, 2015 | 8:20 am