Freeport halts Grasberg mine, begins sending workers home
The firm has not been able to ship copper from the mine in over a month due to a ban on concentrate exports that kicked in on January 12.
Latest Stories
Another large diamond dug from Lulo
Big, valuable gemstones that may eventually get cut into smaller diamonds keep getting discovered in Angola.
Gold price holding as U.S. Treasuries dumped in record volumes
If you’re one of the throwback gold enthusiasts likely to now number in the hundreds judging be mainstream media’s portrayal of “gold bugs”, you’re likely enjoying the apparent strength in the gold price currently evident.
The Ellis Martin Report: Interview with Benchmark Mineral’s Simon Moores
Ellis Martin speaks with Simon Moores, an analyst at Benchmark Mineral Intelligence a London-based consultancy and research firm focusing on critical and industrial metals.
Weak finish for the Canadian Mining Eye Index in Q4 — EY
EY’s Canadian Mining Eye index declined 13% in the last quarter last year as weak gold and nickel prices offset copper and zinc gains.
Gold miners hammered by metal’s biggest one-day loss this month
Shares in most gold miners fell Monday as the precious metal price dropped more than 1% in early trading and was steadily heading to its largest single-session loss of the month.
Oreninc Index rebounds as cash pours into juniors
It rebounded in the week ending February 10, 2017 to 90.26 from 76.28 the previous week.
Newcrest doubles first-half profit, to pay divvy
The miner attributed the good results to higher metals prices, increased gold and copper output and productivity improvements.
Iron ore soars past $92 a tonne, highest price in 2.5 years
Prices for the steelmaking commodity have more than doubled in value over the past year following near-decade lows of $38 a tonne in December 2015.
