Move over Codelco: Freeport plans to be the world’s No.1 copper miner
But China’s slowdown, rising costs and falling prices may get in the way.
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Canada’s Alamos Gold, AuRico merging in $1.5 billion deal
The deal will also result in a spinoff company called AuRico Metals, which will hold the Kemess Property in northern British Columbia and three royalty assets.
AngloGold a step closer to selling U.S. mine
Newmont, Kinross, Goldcorp and Iamgold among the companies said to be interested in all of part of Cripple Creek & Victor mine.
Agnico Eagle acquires Mexico-focused silver explorer
Shares climb 40 percent on take-over announcement.
Cliffs puts more Canadian assets on the block
Four months after shutting down its Bloom Lake iron ore mine as part of a plan to exit Eastern Canada amid low commodity prices, U.S. miner Cliffs Natural Resources (NYSE:CLF) is about to divest itself of more Canadian assets.
Atlas Iron shuts down production on low iron ore price
Atlas Iron is shutting down its operations due to low iron ore prices, the company announced on Friday.
Vancouver miner said to be in Davis sights surges
A report out by Bloomberg speculates that Mick Davis' X2 Resources $5.6 billion private equity fund is closing in on Canadian target.
Minnesota iron ore trust dissolves after 108 years
After 700 million tonnes shipped, the Great Northern Iron Ore Properties trust set up by railroad baron James J Hill in 1906 was terminated this week.
Southern Copper’s Tia Maria safe for the environment — Peru minister
Minister of the Environment Manuel Pulgar-Vidal said the debated and long-delayed copper mine won’t hurt water supplies as opponents claim.
