November 16, 2017

BHP to exit shale within two years, sell nickel assets

“We have a strong sense of urgency,” chief executive Andrew Mackenzie told reporters following the company’s annual general meeting in Melbourne.

November 15, 2017

Colombian police dismantle highest illegal gold mine in the country

The mine was located on a 2,800-metre high mountain.

November 15, 2017

Workers to ramp up strike action at Canadian mine in Mexico

Union leaders say that the arrival of 100 officers of the Mexican Armed Forces to the mine spurred the protesters' anger.

November 15, 2017

Frugal billionaire seen as tough negotiator for copper funds

Sebastian Pinera, front-runner in Sunday’s election, was so frugal with funding during first term that Codelco that company’s debt levels jumped 84 percent.

November 15, 2017

Fresnillo jumps after HBSC upgrades rating to ‘buy’

HSBC referred to the company as a “sector leader at a discount”.

November 15, 2017

What people think of globalization, by country

More than in the past, the population is divided on whether globalization is a force for good or not.

November 15, 2017

UN urges miners to better regulations needed to prevent disasters

According to the UN Environment Program's latest report, most of the 40 significant mine waste accidents in the past decade have involved dams or other storage areas that failed.

November 15, 2017

Polish copper producer KGHM cuts 2017 investment and output targets

The state-run firm also said that this year's output of electrolytic copper from its own concentrates will be 35,000 tonnes than the planned 401,000 tonnes due to an accident at…

November 14, 2017

Iron miners: capex will not see strong comeback, says new research

BMI predicts that iron ore prices will remain on a long-term gradual downtrend until at least 2021.

November 14, 2017

Sudbury Coleman Mine in shutdown for 30 days

Under the terms of the collective agreement, employees do not get paid when work is not available.