China Molybdenum says giant Congo copper mine is losing money
In the first half, the company did not achieve its production targets at Tenke Fungurume.
Latest Stories
Lithium prices to remain low as “hype” meets “reality” — CRU
The commodity research group says prices will remain in the single-digit figures due mainly to an avalanche of new supply.
Canada’s nuclear waste body develops safer fuel containers
Used fuel containers are being coated with copper.
Monarch completes acquisition of Fayolle gold project in Quebec
The deposit is said to contain a historical estimate of 548,500 tonnes grading 5.75 g/t Au.
Los Andes Copper to build “Chile’s next major mine”
The Canadian junior's Vizcachitas project is one of the largest undeveloped deposits not held by a major mining company.
ANIMATION: Gold ETF winners and losers since 2003
Since its inception 16 years ago the industry has grown to 110 physically-backed ETFs holding gold worth $115 billion.
Canadian government pledges over C$2bn for mine cleanup in North
The new Northern Abandoned Mine Reclamation Program includes eight abandoned mine properties.
Iamgold lays off 325 Suriname contractors after illegal miner’s death
Earlier this month it had suspended mining operations at Rosebel after 25-year-old Furgill Aloeboetoe gained access to the site and died following an incident with police.
Glencore could do for cobalt what it did for zinc – double the price
Glencore is halting a fifth of global cobalt production – a more modest cut in zinc output in 2015 produced spectacular results.