March 5, 2017

Mining industry leaders meet again at PDAC 2017

For the second consecutive year, PDAC will host the International Mines Ministers Summit (IMMS) with 25 countries attending to it.

March 3, 2017

Strike at BHP’s Escondida mine takes toll on Chile’s copper output, GDP

The country’s copper output is predicted to have fallen by 12% last month when compared to February 2016, while GDP dropped 1%.

March 3, 2017

Rio Tinto defers former CEO Walsh bonus over Guinea scandal

Sam Walsh's bonuses, potentially worth millions, had been delayed for at least two years as investigations continue into dubious payments related to Simandou iron ore project in Africa.

March 2, 2017

CAT shares hammered as feds search offices

Federal officials executed a search warrant at three of Caterpillar facilities, including the corporate headquarters in Peoria.

March 1, 2017

Striking miners at BHP’s Escondida block roads, clash with police

Incidents come despite a local judge ruled late Tuesday that a deferred payment from 2016 should go out to workers within 48 hours.

March 1, 2017

Yancoal fresh loss casts doubts on planned acquisition of Rio’s mines

Industry observers believe Yancoal will face several challenges when trying to complete a $2bn equity issue to finance the acquisition of Rio’s coal mines in the Hunter Valley.

March 1, 2017

BC Iron tries its luck in the potash industry

Joint venture with Kalium Lakes has added the Carnegie potash project in Western Australia to the company’s increasingly diverse project portfolio.

March 1, 2017

Copper deficit arrives early

The shortage of copper predicted for the next five years has the potential to skyrocket prices due to upcoming supply issues.

February 28, 2017

China’s coal consumption keeps plummeting, down for 3rd year in a row

Coal accounted for 62% of the nation’s energy mix last year, down from 64% in 2015.

February 28, 2017

Canada’s Saskatchewan and Manitoba are the world’s new top mining destinations

Both provinces displaced Western Australia from the first to the third place thanks partly to their rich mineral reserves, competitive tax regimes, efficient permitting procedures, and certainty surrounding environmental regulations.