January 29, 2016

Endeavour Silver to slash 2016 output by over 25%

The cut-back should help the miner lower all-in sustaining costs of production and generate free cash flow.

January 29, 2016

Chinese miners rescued after 36 days trapped underground

Rescuers drilled two big holes into the tunnel to save the trapped miners, who were brought to the ground in a capsule.

January 29, 2016

Canadian miners can take Kazakhstan to court for seized assets, rules tribunal

Ruling opens door for international claims against Kazakhstan.

January 29, 2016

World’s biggest iron ore port shut as cyclone to hit Australia

BHP Billiton began evacuating workers from its Port Hedland export facilities early Friday.

January 28, 2016

International court orders bankrupt MMX to pay $7 million to Outotec

Ruling puts and end to dispute dating back to 2013.

January 28, 2016

Anglo American shares rally on iron ore output hike, cost-cutting measures

The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.

January 28, 2016

Russia’s Alrosa quarterly sales up 45%

Rough diamonds sales rose to 7.1 million carats in October through December. This compares with 4.9 million carats of sales in the third quarter.

January 28, 2016

Australia, Germany, Japan at high environmental risk due to reliance on coal — report

The global coal industry is being squeezed by competition from cheap gas, declining demand and clean-air regulations that have raised costs for burning the fossil fuel.

January 27, 2016

Germany brings more gold back home

In 2015, the country’s central bank transferred around 110 metric tons of gold from Paris and just under 100 tons from New York to its Frankfurt vaults.

January 27, 2016

Antofagasta to lift copper output in 2016 after missing last year’s target

The miner expects an output of 710,000-740,000 tonnes for 2016 as it ramps up production at its Antucoya and Centinela Concentrates mines, as well as from its share in Zaldivar…