BHP admits mistakes in its China, iron ore strategy
CEO Andrew Mackenzie says miner's China-focused investment is shifting and its rapid iron ore expansion came at the expense of the overall business.
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Newmont halts all operations in Indonesia, declares force majeure
The company is putting about 80% of its Batu Hijau mine employees on leave at reduced pay from Friday.
Fresh name bidding to take over 117-year old silver fix
London-based fund manager ETF Securities has thrown its hat in the ring to run the spot pricing mechanism for the globe's physical silver trade.
Bolivia passes mining law that bans partnerships with multinationals
The law, the first major overhaul of the country’s mining sector since 1997, denies cooperatives the right to partner with private companies, whether domestic or foreign.
Miners profits sank 72% over past year, lowest level in a decade
Global net profits have dropped to $20 billion in the last year, with gold, coal and diversified miners being the worst affected.
The platinum supply shock
Even investors who typically eschew precious metals have been hard-pressed to ignore the platinum industry this year.
Joy Global profit drops on weak mining equipment demand
The firmj's bookings, an indication of future sales, fell by 7.2% to $1.05 billion from $1.13 billion in the same period of 2013.
Bargain hunters drive Molycorp shares 11% higher
US rare earth miner up sharply from historic lows in heavy volume.
Avanti Mining signs agreement with First Nations group over $1b Kitsault mine
Avanti Mining Inc. (TSX-V) has entered into an agreement with the Nisga’a Nation regarding the mining company’s proposed $1 billion Kitsault Molybdenum Mine Project.
