Rio’s credit profile not affected by Oyu Tolgoi expansion
Product diversification, among other things, is saving the credit profile of the world's No.2 miner.
Latest Stories
Miners to invest $177.2 million in environmental programs in Mexico
The Mexican Chamber of Mines announced that investments in environmental programs are expected to grow almost 17% in 2019 compared to 2018.
Silver Outperforming Gold 2
The white metal thrives mostly only when gold psychology is bullish.
$100 billion could be invested in the Arctic over the next decade — report
The Arctic contains vast oil and natural gas reserves—the U.S. Geological Survey estimates the Arctic could contain 1,670 trillion cubic feet of natural gas and 90 billion barrels of oil.
Caterpillar introduces propel drive system upgrade for rope shovels
The upgrade reconfigures the crawler undercarriage to allow drive shaft and tumbler replacement from the outboard side, which improves access and decreases downtime by days.
DSA, union may bid for mines once owned by Guptas, Glencore
The venture would be between Orchid Mining, a unit of DSA, and Nehawu Investment Holdings.
China iron ore rallies as blanket winter steel curbs ruled out
Expectations that the world's top steel producer, will launch more infrastructure projects this year boosted support to the steelmaking raw material.
Gold consumers turn sellers after prices rally, silver shines
Global benchmark spot gold held above $1,400 an ounce this week, up more than 10% this year.
Glencore starts copper concentrates blending facility in Taiwan
Glencore has set up this blending facility because of an increase in the amount of dirty concentrates available in the market.
