BHP secures iron mining rights in Australia’s Pilbara for another century
Western Australia's Environmental Protection Authority has green-lighted a 50 to 100-year blueprint for the miner's operations in the Pilbara.
Latest Stories
Antofagasta announces first mine to use 100% renewable energy
Zaldívar signed a new power plant supply agreement with Colbún to produce copper with 100% renewable energy.
Suncor says Syncrude oilsands project to return to full production in September
Suncor expects pipeline shipments from its Syncrude oil sands project to be about 60 per cent to 70 per cent of total capacity in August.
Canada oil supply to stay tight with Syncrude down for weeks
Part of Suncor’s oil-sands facility will restart this month.
2,500 job cuts weren’t enough for world’s no. 2 platinum miner
Implats isn’t the only one facing difficulties, with about half of the industry’s production estimated to be unprofitable.
BP is front-runner to buy BHP’s US shale unit
The London-based oil major has made the highest offer for the assets, which BHP prefers selling in a single package.
Canada’s Barrick, China’s Shandong Gold to deepen ties, look at acquisitions
Acquisitions in the metals mining sector have begun to pick up, with an increase in joint ventures between Western and Chinese mining firms.
Australia’s Yancoal halts Austar mine amid safety dispute
Yancoal said it will start standing down employees, and is aiming to redeploy most workers to other underground operations owned by the company.
CHART: Copper, nickel, zinc prices – plenty upside just to revert to mean
Even after two years of gains, industrial metals trade well below 10-year mean prices. Silver looks cheap, but gold, crude may be fully priced already.
