December 20, 2013

Colombia calls a truce in freshly declared war on coal

It has extended Drummond port improvement deadline, but it will charge the company daily fines.

December 19, 2013

Iron ore, met coal prices slump as Australia ramps up exports

The price of iron ore slumped to a 7-week low and metallurgical coal traded at its lowest level since August on predictions of a massive spike in exports from top…

December 18, 2013

Survey: 72% of miners see the global economy improving

Confidence levels in the sector have improved dramatically over the last 12 months, reaching a two-year high.

December 17, 2013

Steve Yuzpe and Maria Smirnova: Why Sprott Resource Corp. sold $76m in bullion

In this interview with The Mining Report, new Sprott Resource Corp. President and CEO Steve Yuzpe discusses where the company will focus its capital, and Sprott Asset Management Associate Portfolio…

December 16, 2013

Who’s the worst CEO of 2013?

Hint: He lost about 99% of his wealth this year.

December 16, 2013

Primero Mining buys Brigus Gold for $208 million

The transaction creates a diversified, Americas-based mid-tier gold producer that would generate the equivalent of 250,000 to 270,000 ounces of gold next year.

December 16, 2013

Brazil’s Vale sells two of its copper mines in Chile

Vale got $25 million for the mines, way below the $200 million it had invested on them.

December 16, 2013

Peru’s mining attracted close to $9bn in investments this year

The potential is appealing. Peru holds13% of the world's copper reserves, 4% of gold, 22% of silver, 7.6% of zinc, 9% of lead and 6% of tin reserves.

December 15, 2013

1,500 Barrick workers out of a job as Pascua Lama suspension takes effect

The company is cutting its Argentine work force as Chileans work on water treatment facility.

December 13, 2013

Suspicion grows over events that led Batista’s oil firm to bankruptcy

Investors want federal authorities to examine the role of regulators and the stock exchange in OGX collapse.