February 25, 2016

Vale posts record loss, to sell core assets

It posted a fourth-quarter net loss of $8.57 billion, its fifth drop in the past six quarters.

February 25, 2016

USA, Mexico energy policies a mounting risk for Canada’s oil sector — IEA

Heightened competition between NAFTA members to export crude oil, poses serious challenges for Canada, says the agency.

February 25, 2016

Venezuela, Canadian gold miner settle dispute in $5 billion deal

The agreement will see the parties embark on a joint venture that will run the Las Brisas and Las Cristinas mines.

February 25, 2016

South32 looking for assets despite $1.75bn loss, massive layoffs

Despite the loss and a 94% drop in earnings, analysts believe the company's modest debt of $116 million makes it well-positioned to act on opportunities.

February 24, 2016

Copper prices plummet on China worries, oil collapse

The London Metal Exchange’s three-month copper contract fell as much as 1.4%, the most since Feb. 10, to $4,580 a metric ton.

February 24, 2016

Galway Gold mulls legal escape to Colombia’s mining ban in paramos

The junior miner said the ruling not only forces it to halt operations, but it also blocks it from transferring the project, as the mining permit will no longer be…

February 24, 2016

Samarco executives accused of homicide by Brazilian police over dam burst

The seven executives, including Samarco's boss at the time of the deadly disaster, are being accused of qualified homicide.

February 22, 2016

Barrick to spend about $2 billion in US, Peru gold projects

The world’s largest gold miner also said it would redeem up to $750 million in notes to help cut debt by at least $2bn this year.

February 22, 2016

Chile’s small-scale miners battling to stay afloat amid copper rout

They are at the sharp end of a commodities downturn which has led half of all the small mining operations in top copper exporter Chile to shut in the last…

February 19, 2016

Junk status beckons for these 14 miners

Anglo American and Freeport's credit ratings were recently slashed to well below investment grade – other marquee mining names may soon share the same fate.