October 27, 2017

Small mining companies shun London market after IPO flops

Lacklustre performances by small mining companies on the London Stock Exchange are driving rivals in need of cash to find alternative ways to raise capital.

October 26, 2017

Fortescue Q1 iron ore shipments up, price forecast down

Fortescue Metals Group reported slight rise in fiscal first-quarter iron ore shipments, also warned its ore was selling at a greater discount than expected.

October 26, 2017

Vale is stockpiling iron ore to make the most of higher prices

Third quarter results for the Brazilian miner, the world's top iron ore producer, show a 19 million tonne gap between sales and output.

October 25, 2017

Antofagasta trims costs forecast as Q3 copper output rises

Despite the quarterly increase in net cash costs Antofagasta said the 2017 costs would be below the $1.30 per pound previously forecast.

October 24, 2017

Brazil congressional committees vote on reforms helping small miners

While an estimated 61 larger miners will pay more, about 30,000 smaller miners seen as larger job creators will pay less.

October 23, 2017

UNEP urges mining companies to better manage tailings facilities

The agency is urging mining companies to put safety first and avoid erecting dams using methods that are known to be high risk.

October 23, 2017

Venezuela’s foreign reserves hit by expired $1.7 billion gold swap with Deutsche

Bonds issued by Venezuela and PDVSA were down across the board on Monday, with some falling as much as 2.5 points.

October 20, 2017

Bacanora secures environmental permit for Sonora project in Mexico

Permit lets Bacanora go-ahead with its 35,000tpa (tons per annum) lithium carbonate operation in Mexico.

October 20, 2017

Southern Copper to resume Tia Maria project in Peru as permit imminent

Peruvian government is expected to issue a long-awaited construction permit for the mine in the first quarter of 2018.

October 19, 2017

BHP presents united front against activist Elliott

Ken MacKenzie defended CEO after attacks from activist investor Elliott Advisors prompted speculation that the end of Andrew Mackenzie's tenure was imminent.