April 23, 2015

Kyrgyz minister stepping down over failure to settle Kumtor mine issues

Prime Minister Joomart Otorbaev resigned after hours of heated debate in parliament over the government’s performance last year.

April 23, 2015

Mining companies in Europe and former Soviet Union call for OEMs to support cost reduction

Original equipment manufacturers (OEMs) must support mining companies in Europe and the former Soviet Union with cost reduction or risk losing their market share, finds a new survey by Timetric’s…

April 23, 2015

Caterpillar results beat expectations but forecasts weak year

The machinery giant doesn’t think it will remain strong for the rest of 2015.

April 23, 2015

One killed at protests against Tia Maria copper project in Peru

Farmers, anti-mining activists and local leaders have opposed the project for years, claiming it will pollute key waterways for Arequipa, where the mine will be built.

April 23, 2015

Low diamond prices push Anglo American to cut output

The global miner trimmed its forecast from 32m-34m carats to 30m-32m because of “current trading conditions”.

April 23, 2015

Chile to fine Barrick over ten new environmental violations

The country's Superintendence for the Environment (SMA) also said the miner has not properly monitored the impact on nearby glaciers.

April 22, 2015

Japan to restart two nuclear reactors by June

For now, all of Japan’s 48 commercial reactors remain offline following 2011's Fukushima disaster.

April 22, 2015

How to make money in renewable energy: NBF’s Rupert Merer

Rupert Merer analyzes that growing energy sector for National Bank Financial and tells The Mining Report why betting on the future of renewables is a prudent strategy for profit growth.

April 22, 2015

Mick Davis tells investors to stay away from coal, Africa

When asked about how much lower commodities prices will dive this year, Davis said he thought they were close to hitting rock bottom.

April 22, 2015

Morgan Stanley remains bearish on gold for next 2 years

Greece’s uncertain future in the eurozone, global quantitative easing, loose monetary policies and continued demand out of Asia will all provide much needed support for the gold market, but these…