December 16, 2015 Myanmar’s jade trade turns frantic Using heavy earth-excavators and explosives, miners have been tearing into Myanmar’s northern hills in recent months, before a new government takes office next year.
December 16, 2015 Rio Tinto bets on lithium as Tesla yet to sign major supply deal The miner is seeking strategic alliances with battery or car manufacturers to underpin the development of its Jadar lithium-borate project in Serbia.
December 16, 2015 Joy Global swings to loss, cuts dividend The mining equipment maker said business conditions continue to be tough mostly due to a slower-than-expected recovery in the global economy and weak commodity prices.
December 16, 2015 Aussie court clears way for $12bn Carmichael coal mine With the ruling, the massive Carmichael coal mine and rail project has moved one step closer to final approval.
December 15, 2015 There is no Nazi gold train after all — Polish scientists The Nazi gold train saga took a new twist Tuesday when scientists that scanned the area where the wagons were allegedly buried said there is no evidence of such finding.
December 15, 2015 A Belarus wildcard is shaking up the global market for potash In the massive Soligorsk mine, workers 2,000 feet below ground are drilling at seams of pinkish rock and rattling a $20 billion commodity market.
December 15, 2015 Suncor presses Canadian Oil Sands shareholders for a takeover offer nod “Hope is still not a strategy,” Suncor wrote in a letter to Canadian Oil Sands’ shareholders, stressing there was “little time” left.
December 15, 2015 Barrick unveils early results of plan to buy back $1.15bn of its own debt The miner, which began the year with an over $13 billion debt, has vowed to reduce the hefty figure by $3 billion before the end of 2015.
December 15, 2015 Rio Tinto closes $4.4 billion financing deal for Oyu Tolgoi mine The $4.4 billion deal involved international financial institutions and export credit agencies representing the governments of the U.S., Canada and Australia, along with 15 commercial banks.
December 14, 2015 Rio Tinto $4 billion financing deal for Oyu Tolgoi imminent — report The agreement, which is said to involve up to 15 banks, could be signed as early as Wednesday.
Chile’s Mantoverde copper output hit as labor talks stall, union says The labor authority had notified that the company will not have emergency personnel from the union to keep facilities operational. January 12, 2026 | 11:18 am