September 24, 2013

Barrick slashes costs to the bone

Cutting average costs by $100 an ounce in 2013 and no new mines planned.

September 23, 2013

Anglo American under fire in Chile for environmental violations

Maybe we are seeing only the tip of the wave (iceberg) of past failures of past parsimonious decisions.

September 23, 2013

Swiss donate tax money from Glencore Xstrata to countries where firm accused of wrongdoing

Several villages are considering to follow Hedingen's example and give their tax money to charities.

September 23, 2013

Verde Potash flagship project in Brazil gets a shot in the arm

Government is likely to help financing the first phase of the Cerrado Verde potash project in the western state of Minas Gerais.

September 23, 2013

Barrick Gold shows its regional managers the door

In an effort to both oversee operations at the head office and improve performance.

September 22, 2013

Anglo American charged for breaching environmental laws in Chile

It risks fines that range from US$970,000 to $4.9 million, or even the revocation of its environmental permit.

September 22, 2013

Billions of dollars worth of Peru mining projects to resume soon

Conga and Tia Maria: a combined $5.8 billion.

September 20, 2013

Continental Gold CEO Ari Sussman’s secret sauce

In Ari’s view, short term volatility doesn’t matter -- gold will outperform whether the Fed prints or not.

September 20, 2013

First Quantum to speed up construction of world’s largest undeveloped copper deposit in Panama

The Vancouver-based firm will announce a revised investment figure and timeline for its $6.2 billion copper-gold porphyry Cobre Panama mine before the end of 2013.

September 20, 2013

Peruvian government considers plan to reduce destructive, illegal gold mining

The 'wildcatters' dump over 70 t of mercury every year into Peruvian rivers and forests.