January 23, 2013

BHP axes coal costs, fuels aluminum writedown speculation

In its half-year production update, BHP highlighted challenges faced by its aluminum and nickel businesses.

January 23, 2013

Brazil’s Eike Batista to delist coal firm CCX

The world of mining's richest entrepreneur is trying to recover investors’ trust and bump up his shrinking business empire.

January 23, 2013

MAG Silver reports phase 2 drill results from La Esperanza Silver project in Durango and Zacatecas states, Mexico

The company reported drill results from the recently completed drill program at Canasil's La Esperanza silver-lead-zinc project in Durango and Zacatecas States, Mexico.

January 22, 2013

Inmet tells shareholders to reject First Quantum’s hostile takeover bid

Fails to adequately compensate shareholders

January 21, 2013

New mercury treaty leaves artisanal gold miners in limbo

Artisanal gold mining, the largest source of global mercury pollution in small-scale operations, is the only source of income for as many as 15 million people in 70 countries, mostly…

January 21, 2013

Latin America the best positioned to face commodity price collapses: S&P

Latin America will benefit from having “more firepower” than other regions, as strong international reserves are already helping those countries face commodity price collapses, said Lisa Schineller, Standard & Poor's…

January 21, 2013

Rio Tinto fighting to keep Australia in top iron ore producer spot

Even with significant ore bodies coming on stream from 2015 onwards in Brazil (Anglo’s Minas Rio and Vale’s Serra Sul), Australia will be able to keep its crown in this…

January 21, 2013

Red Eagle mining announces initial Santa Rosa NI 43-101 resource

The company announce that an initial NI 43-101 resource estimate for its 100% controlled Santa Rosa gold project has established an indicated mineral resource of 7.34 million tonnes at 1.37…

January 21, 2013

Study shows actual gold cash costs are 50% more than what is reported

$1,170 vs $773.

January 21, 2013

Report: Anglo American set for $5bn Minas Rio writedown

Delays at the Brazilian iron ore project cost Anglo and former CEO Cynthia Carroll dearly.