January 5, 2016

Iron ore price 16% rally off decade low comes to abrupt halt

Hopes pinned on Big 4 to exercise their "unprecedented pricing power".

January 5, 2016

Miners, commodities traders brace for La Niña

The last time the weather event was present, it wrought havoc on the mining industry in Australia, with thermal and coking coal mines in Queensland hit by flooding from cyclones…

January 3, 2016

Argentinian lithium-potash project sold for $5 million

Canadian merchant bank Aberdeen International (TSX:AAB) has purchased a lithium-potash project in Argentina through a share purchase agreement valued at CAD$5 million.

December 30, 2015

Millions of people being contaminated with toxic mercury used in mines

The largely unregulated use of mercury has created a major worldwide environmental hazard.

December 29, 2015

Chile’s copper miners still making money despite price collapse

Official figures contradict recent local reports showing that most copper miners in the country are barely breaking even at current metal prices.

December 28, 2015

The world’s 10 driest mines

Average annual precipitation at many of these mines is zero.

December 28, 2015

Freeport-McMoRan chairman resigns, shares plummet

The company's co-founder James Moffett will step down as chairman and quit the board.

December 28, 2015

Mining projects worth $56 billion to come on stream in Peru beginning 2016

China is currently the top investor in the country's sector, pumping $19.2 billion into several copper, gold and silver projects.

December 22, 2015

Iron ore price predictions keep getting cut

Iron ore back above $40 on Tuesday, but Australia cuts official price forecast for 2016 to 20% below prediction made just three months ago.

December 22, 2015

Yamana Gold decides not to divest Brazilian operations after all

The miner said current market conditions are not supportive of a private placement on terms the company would find acceptable.