Antofagasta lowers full-year copper output target, says surplus shows little sign of easing
The Chilean copper miner said full-year production would be at the lower end of the 710,000 to 740,000 tonnes it predicted in January.
Latest Stories
Copper production growing by 1m tonnes a year
ICSG study forecasts global copper output growing at a robust average annual rate of 4% to reach 26.5 million tonnes a year in 2019.
Freeport sees way forward without asset sales
Investors shrug news of $1.5 billion share issue to welcome halt of copper disposals after $4 billion assets sold just this year.
Iron ore price jumps on China anti-dumping move
China Miners' Association want action against Vale, Rio Tinto and BHP Billiton for flooding domestic market with cheap ore.
Barrick in talks with South African miners to sell stake in Acacia — report
The potential sale of its its 64% interest in Acacia would be part of Barrick's broader strategy of selling non-core assets to reduce debt.
Seven rare earths that run our world
Rare earth metals are often used in alloys to form powerful magnets needed for modern technology, or form useful compounds for other essential roles.
China gold imports fall in June on higher prices, inventories
Net gold imports dropped 38.5% to 70.886 tonnes in June, down from 115.29 tonnes in May, according to The Hong Kong Census and Statistics Department.
Surge in gold prices brings no change in fortune for Madagascar’s miners
Lack of investment and regulation means life is hard for the men, women and children panning for tiny fragments of gold along the island’s river beds.
Caterpillar further cuts profit, sales forecast
CAT said commodity prices remain on the low end and had yet to translate into increased mining activity or higher demand for equipment.