Better copper prices boost Codelco’s profit offsetting output decline
The state-owned miner reported a Q1 profit of $534 million, more than the total it earned in 2016.
Latest Stories
Here’s why I think renewable energy is finally living up to hype
Global markets have steadily been adding renewables such as wind and solar to their energy mix for several years now, but according to a handful of new reports, 2016 might have been the tipping point.
World’s largest gold miner hit by Tanzania export ban
Barrick's comments come on the heels of a report published this week, which claims its Tanzanian subsidiary has been under-reporting the amount of metal in its shipments to evade taxes.
Iron ore crashes again to below $58 a tonne
Ore with 62% content in Qingdao lost $2.33 a tonne to close at $57.91, data from the Metal Bulletin shows, hitting a seven-month low and marking the commodity third consecutive weekly fall.
BELAZ hoping to make inroads into North American mining truck market
Breaking into the North American heavy equipment market isn't easy, especially for offshore companies.
Billion-dollar gold dream lures mining and movie maverick out of hiatus
Frank Giustra aims for hat trick with Leagold Mining in Mexico. Bill Clinton pal sees ‘major’ gold producer within four years.
Panel looks to overhaul Canadian oil and gas project approvals
Only after a project got a conditional yes or no from the federal government would it enter a two-year environmental review.
Swedish miner begins massive relocation of whole city
While some residents of Kiruna have moved already, the first of the town’s historic buildings has just been hoisted up on a truck and transported to its new location.
Super power: Are rechargeable batteries transforming the mining sector?
There are signs of resurgence in the mining industry, driven in large part by the boom in storage technology.
