February 28, 2018

Billionaire Lundin chases base-metal buy with $3 billion budget

Copper ‘might be the easiest asset to work with:’ Lukas Lundin.

February 28, 2018

Samarco iron ore mine could reopen this year

Samarco Mineracao – a Vale-BHP joint venture – ceased operations in November 2015 following a deadly tailings dam burst.

February 27, 2018

Brazil’s Vale 4th-qtr profit misses as costs rise, forex weighs

Vale said in a securities filing that net income totaled $771 million, compared with an average consensus estimate of $2.537 billion.

February 27, 2018

Lithium glut? No way, say industry executives eyeing demand

Prices for lithium have more than doubled in the past two years on forecasts for massive demand from the electric vehicle industry.

February 27, 2018

Fresnillo tanks as 2017 profit misses expectations, says costs to rise

The Mexico-focused precious metals miner expects cost inflation this year to be about 7%, compared with the 6.4% it faced in 2017.

February 26, 2018

Venezuelan government defends Mining Arc, environmentalists say it’s not working

Very few of the 150 companies who expressed interest in investing in the Mining Arc actually presented concrete offers.

February 26, 2018

BHP’s productivity gains are cheered by investors — and unions

BHP has said it expects to deliver $2 billion of net productivity gains by the end of the 2019 financial year.

February 26, 2018

Mexico slaps billionaire’s steel company with fine for stock manipulation

Industrias CH was fined 2.96 million pesos ($159,764) at the end of November for making “prohibited trades” under a law banning simulating price or volume.

February 26, 2018

Condor Gold soars as Nicaragua project won’t relocate residents

Company's technical team believes the La India project is both technically viable and economically attractive with a redesigned open pit that does not require community resettlement.

February 26, 2018

Shipping gauge shows iron ore, copper prices heading for fall

CHART: Baltic Dry Index has plummeted 32% since December, opening up huge gap to closely correlated industrial metal prices.