Codelco pre-tax profits down despite output increase
Pre-tax profit for the year was a bit over US$3 billion, a decline of $760 million when compared to 2013.
Latest Stories
Transmin Switches to Atlas Copco Hammers Across it’s Rockbreaker Range
The switch to Atlas Copco from Rammer reflects the technical advantages of the new Atlas range over its rivals, as well as the incredible scope of supply and support delivered by Atlas Copco.
Silver Wheaton extends Barrick’s deadline to fulfill Pascua Lama silver deal
In the meantime, the miner will receive silver produced at three other Barrick operations in South America.
Anglo American tries again: submits plan to expand coal mine in Australia
Revised plan plan will see the company mine 75 million tonnes over 17 years instead of 97 million tonnes over 20 years.
Glencore resumes production at Aussie coal mines
The three-week suspension aimed at battling a global oversupply of the commodity.
Introducing the “Extender Range” of Stackers
New stackers, designed for capacities of up to 2000 tph, will be available in both the Quarry and Mining specification.
Deal offers hope for miners thrown out of work in W. Kentucky
Nearly 700 coal miners in Western Kentucky are feeling hopeful this week, despite Patriot Coal deciding to permanently shut down the Highland and Dodge Hill mines on Dec. 31.
Oceanagold to phase out New Zealand mines
Oceanagold (TSX, ASX:OGC), an Australia-based gold producer, will start winding down its New Zealand mines to focus on lower-cost production in the Philippines, where it runs the Didipio copper-gold mine north of Manila.
