January 12, 2016

Chile mulls scrapping copper funding for military

Codelco chairman, Oscar Landerretche, wants the government to scrap the country’s Copper Law, which forces the firm to give 10% of its annual export revenue to the Armed Forces.

January 12, 2016

Anglo American officially out of the Middle East

The miner has finally completed the sale of assets from its Tarmac joint venture to a subsidiary of French engineering and construction group Bouygues.

January 11, 2016

Endeavour Mining leaves the ASX, shares plummet

It said the move reduces its administrative, compliance and legal expenses, which could no longer be justified given the low levels of trading on the ASX relative to Endeavour’s TSX…

January 11, 2016

Copper prices falling like it’s 2009

The fresh collapse dragged main producers down, with BHP Billiton, the world’s largest miner, hitting a decade-low.

January 8, 2016

Political risk seen on the rise in these key mining markets

Major commodity-producing countries are set to remain under intense finance strain in 2016, which will increase the risk of social unrest, says Verisk Maplecroft.

January 7, 2016

Anglo American teeters on the brink

Fresh selloff brings year loss to 80%. Outside metal prices rebounding (aka divine intervention) and barring extending a begging bowl, what will save Anglo?

January 7, 2016

Iron ore prices to fall back into the $30s — Citi

Prices fell Thursday for a second consecutive session. According to Metal Bulletin, the spot price for benchmark 62% fines dropped by 0.46%, or 20 cents, to $42.91 a tonne.

January 7, 2016

Centamin ups 2016 production target for its gold mine in Egypt

The miner is one the very few bullion miners to have performed well during one of the most difficult markets conditions affecting gold producers in decades.

January 6, 2016

Private capital won’t touch mining

Only 0.6% of private capital raised in 2015 for natural resource investment is for mining projects–one wind farm fund attracted more than the entire sector.

January 5, 2016

Iron ore price 16% rally off decade low comes to abrupt halt

Hopes pinned on Big 4 to exercise their "unprecedented pricing power".