BHP greenlights expansion at Escondida copper mine in Chile
With the expansion, Escondida is targeting an average output of 1.2 million tonnes a year over the next decade, up from about 940,000 tonnes it produced last year.
Latest Stories
A uranium major @ 95% off? GoviEx story turning heads
Talking top value amid low uranium prices, Daniel Major gets to the crux of his pitch for GoviEx, the uranium developer he leads.
Tahoe expands presence in Canada, to acquire Whitney JV from Goldcorp
As part of the miner's strategy to grow gold production in Timmins, Northern Ontario, to over 250,000 ounces per year by 2020.
Illegal gold trade in Congo still benefiting armed groups, foreign companies
Illegally acquired and exported gold from the mineral-rich eastern Congo keeps filling the pockets of some foreign companies as well as armed groups, a new report shows.
More than 300 workers at risk of temporary layoffs at Ekati diamond mine
More than 300 Dominion Diamond employees and contract workers are at risk of being laid off at the Ekati diamond mine after a fire at the mine's processing plant on June 23.
Iron ore surges past $55 as Rio Tinto exits Simandou
The price increase comes as iron ore major Rio Tinto decided to put its Simandou project in Guinea on ice due to the iron ore glut that is keeping a lid on prices.
An update on Colombia’s peace process and a gold explorer gaining critical mass
After 50 years of conflict, the Colombian government and the Revolutionary Armed Forces (FARC) have signed a ceasefire agreement.
Plan to take company private clouds future of BC moly mine
Alloycorp Mining Inc. (TSX-V: AVT), a junior miner that has been working on the reboot of a molybdenum mine in Kitsault, is going dark.
Shocking breakdown of China’s foreign reserves is bullish for gold
I want to focus on the composition of China’s foreign reserves, explain why the liquid portion of the reserves may be much smaller than widely believed, and how that situation is bearish for RMB and bullish for gold.
