December 28, 2015

Freeport-McMoRan chairman resigns, shares plummet

The company's co-founder James Moffett will step down as chairman and quit the board.

December 28, 2015

Sirius Minerals to supply 500,000 tonnes of fertilizer a year to Chinese firm

The offtake deal with Huaken International is for seven years from the moment the York Potash mine is up and running.

December 28, 2015

Mining projects worth $56 billion to come on stream in Peru beginning 2016

China is currently the top investor in the country's sector, pumping $19.2 billion into several copper, gold and silver projects.

December 28, 2015

The world’s largest black diamond can now be seen in Dubai

The gem, insured for $37 million, was flown to promote the reopening of a Karloff Paris boutique.

December 28, 2015

Commodity price slump undercuts mining sector

Chinese demand kept Canadian mines humming - now there's too much supply of metals, minerals.

December 22, 2015

ALROSA Supervisory Board Approves 2016 Budget

The 2016 mining operations plan is drawn up in accordance with ALROSA's Long-term Development Program. Diamond production by ALROSA Group is expected at up to 39 million carats.

December 22, 2015

Canada’s Quebec okays $1.2 billion phosphate mine

The open-pit mine – the largest in Canada near an inhabited area – is expected to create 475 construction jobs and 375 permanent positions.

December 22, 2015

Yamana Gold decides not to divest Brazilian operations after all

The miner said current market conditions are not supportive of a private placement on terms the company would find acceptable.

December 22, 2015

Kyrgyzstan freezes talks with Centerra Gold over Kumtor

The country's government said the current agreement "ran counter to the country's national interests."

December 22, 2015

Death toll from Brazilian dam burst climbs — BHP

The miner raised the death toll from the catastrophic dam burst at a mine in Brazil last month to 17 from 13 and said there are two people still missing.