July 26, 2018

BP pays $10.5 bln for BHP shale assets to beef up U.S. business

A unit of British oil major BP PLC will acquire BHP's unit which holds the Eagle Ford, Haynesville and Permian assets for $10.5 billion.

July 26, 2018

Peruvian mining society says approval of Quellaveco project marks a new era for the country

The president of Peru’s National Society of Mining, Petroleum, and Energy said the project will create 9,000 jobs during its construction phase and additional 2,500 once it goes into production.

July 25, 2018

Lundin Mining CEO Conibear to retire

Canada's Lundin Mining Corp said Chief Executive Officer Paul Conibear is retiring and also reported a 3 percent rise in second-quarter profit on Wednesday.

July 25, 2018

Barrick Gold reports Q2 loss of US$94 million

Barrick said earnings and cash flow impacted by planned maintenance activities at Barrick Nevada and Pueblo Viejo.

July 25, 2018

Antofagasta copper output up in Q2 despite Los Pelambres pipeline issue

Production in the second-quarter of the year jumped 6.1% to 163,200 tonnes, as higher output at its Centinela and Antucoya mines mitigated declines at Los Pelambres and Zaldívar.

July 23, 2018

Liebherr USA Co. celebrates the groundbreaking of its new headquarters in Newport News, VA.

This investment will greatly impact the company’s operations in the U.S. and drive Liebherr’s strategy for long-term growth. With shovels in hand, Mrs. Sophie Albrecht, Jan Liebherr, Newport News Mayor…

July 22, 2018

Tariffs removal not needed for E.U., U.S. talks -European Council representative

Contradictory opinions emerging at the G20 Summit.

July 22, 2018

Alrosa to start diamond mining at Zarya by 2019

Total diamond resources are estimated to contain 3.5 million carats of diamonds.

July 20, 2018

Thieves jump on cobalt craze with $10m warehouse heist

The explosion in cobalt prices over the past two years has made the metal enticing for crooks, with each ton fetching $82,500.

July 19, 2018

Miners wrote off almost one-third of investments over last decade

From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.