November 15, 2016

Gold miners to add 10m ounces per year by 2020

But US gold mining industry will stagnate says BMI Research in new study.

November 15, 2016

The future of mining is automated

Since the industrial revolution of the mid-1800s, processes and technologies across every sector of the modern economy have developed at a rapid pace.

November 14, 2016

Chilean mining costs highest in the world, despite saving measures

Production costs in Chile, the world’s No. 1 copper producer, were 5.4% higher last year when compared to its global peers’ average.

November 10, 2016

Harmony logs record quarterly revenue, halves debt

The world's fifth largest gold miner increased production, had stronger cash flows and paid shareholders a dividend in the first quarter of its 2017 financial year.

November 9, 2016

Gold stocks are soaring and we don’t need to tell you why

While gold is giving back some of its largest gains following Trump's win in the US Presidential election, miners of the precious metals continue to climb.

November 8, 2016

Gold demand plummets as central banks, consumers hold off — WGC

Consumer demand for jewellery, coins and bars, dropped by a quarter as high prices slowed down acquisitions from top consumers China and India. Investments, however, were up by 44%.

November 8, 2016

Japex postpones oil sands expansion project to mid-2017

Move will push up costs by Cdn$250 million ($187M).

November 7, 2016

Canada’s Quebec injects $130M into Tata Steel Quebec-Labrador iron ore project

Financing consisted of a loan of $50 million from Investissement Quebec along with $125 million for an 18% equity stake in TSMC through Ressources Quebec.

November 7, 2016

Chinese coking coal futures hit the roof

The most-traded coking coal for January delivery on the Dalian Commodity Exchange soared 10% to 1,516 yuan ($224) a tonne, a record high.

November 7, 2016

Weak commodities put infrastructure growth in emerging markets at risk — BMI

Countries heavily reliant on their extractive sectors need to step up efforts to lure investors or they will see their infrastructure sectors stalled, warn analysts.