July 31, 2011

Chile Collahuasi copper mine operations normal after 24-hour strike

Following a 24-hour strike, operations at Chilean copper mine Dona Ines de Collahuasi returned to normal, the company and the workers' union said.

July 31, 2011

Labor unrest in copper mines over the past year

Reuters reported that miners from Chile to Indonesia have staged strikes to demand a bigger share of a global copper boom, stoking supply fears and boosting prices.

July 31, 2011

AuRo Resources closes White Gold transaction and commences exploration on key properties

AuRo Resources Corp. (TSX VENTURE:ARU)(FRANKFURT:NXP3) announced that its acquisition of all of the issued and outstanding securities in the capital of White Gold Corporation ("White Gold") has closed.

July 30, 2011

Chile Collahuasi copper mine workers on strike, union says

Unionized workers at Chilean copper mine Dona Ines de Collahuasi downed their tools Saturday, the sole mine union said on its Twitter page. The strike comes on the heels of…

July 30, 2011

Bonus blackmail at world’s top copper mine could see strike escalate

Disagreements over a bonus scuttled a potential labor deal at the world's biggest copper mine, Chile's Escondida, union leaders said on Friday, the eighth day of a strike that has…

July 29, 2011

Scorpio Mining down 4% after disappointing results

Toronto-listed Scorpio Mining Corp reported a quarterly profit helped by production ramp-up at its Nuestra Señora mine in Mexico, but missed market estimates compiled by Reuters, sending its shares to…

July 29, 2011

Vale to invest more than USD 6 billion on port and rail expansion

Iron ore miner Vale announced plans to invest more than USD 6 billion in expanding its port, railway and potash production capacity to keep up with booming demand for raw…

July 29, 2011

BHP Billiton declares force majeure at Escondida

BHP Billiton Ltd. has declared force majeure on exports from the world’s biggest copper mine, as a mine workers’ strike entered its eighth day. The strike at BHP’s Escondida mine…

July 28, 2011

Brazil Q2 Vale iron output rises 6 pct yr/yr

Brazilian mining giant Vale (VALE5.SA) said on Thursday iron ore output rose 6 percent from the year before as the company boosted production at most of its mines in Brazil.

July 28, 2011

Goldcorp’s Mexico hassles force Silver Wheaton to cut 2011 forecast by 2 million oz

Silver Wheaton, the global number one silver streaming firm, announced on Thursday that it is revising its 2011 attributable silver equivalent production guidance from 27 to 28 million silver equivalent…