June 27, 2014

Mining costs in Chile 350% higher than a decade ago: report

The country is also struggling with rising energy cost, which threatens the competitiveness of its copper industry and poses a major challenge for new developments.

June 26, 2014

Glencore appoints Canadian as its first ever female director

Patrice Merrin, 65, is a veteran to the industry.

June 26, 2014

The real costs of public protest

Community mobilization effective at raising costs to companies.

June 25, 2014

Ex-SouthGobi workers long stuck in Mongolia get trial date

Mongolia blocks accused from leaving country, often for years.

June 24, 2014

ETF sold gold piling up as Chinese imports drop 83%

Swiss customs data for May show delivery from UK gold vaults to Switzerland's refineries jumping 32% to 32 tonnes, just as Chinese buying tanks 83%.

June 24, 2014

Nathan Tinkler’s $150 million Wilkie Creek coal mine on track

The former billionaire denied media reports saying his $150 million agreement to buy coal mine could be delayed or derailed because he has not satisfied contractual financing conditions.

June 23, 2014

India expands uranium enrichment

India is expanding a covert uranium enrichment plant that could potentially support the development of thermonuclear weapons, a defense research group says, raising the stakes in a regional arms race…

June 23, 2014

Mongolia says Rio Tinto owes $130 million in Oyu Tolgoi unpaid taxes

The long-dragged dispute between Rio and the Mongolian government over a $6.6 billion underground expansion of Oyu Tolgoi has hit a fresh impasse.

June 23, 2014

Emerging markets firms to lead global mining sector: PwC

Net profits from progressing economies-based miners reached $24 billion in 2013, compared to a net loss of $4 billion for developed market firms.

June 20, 2014

Iron ore price builds on rally

But Chinese banks are starting to call in iron ore-backed loans to traders holding 38mt, forcing them to dump inventories onto already well-supplied market.