October 28, 2015

Drop in mining sales takes toll on Komatsu Q2 results

Construction and mining equipment account for almost 90% of Komatsu’s revenue.

October 27, 2015

Ecuador aims to attract $750M in mining investment next year

The government is planning to open up new mining areas for gold and copper exploration.

October 27, 2015

These countries are winning at gold mining

The number of registered artisanal miners, or barrequeros, inside Colombia now top 100,000 and production should keep rising.

October 27, 2015

Sandstorm plummets on cheap financing

Vancouver firm drops 12% after announcing a bought deal with bankers at discount followed up by a gold-silver-copper streaming deal with Yamana.

October 27, 2015

Mahesh Khemlani officially assumes office as President of Panama Diamond Exchange

Mahesh C. Khemlani has been installed as the new President of the Panama Diamond Exchange in an inauguration ceremony conducted yesterday morning on the PDE trading floor.

October 26, 2015

Chinese scrap at 10-year low pressures iron ore price

Chinese scrap – typically around 90% Fe – has fallen to below 62% iron ore at its 2011 peak and below domestic pig iron prices.

October 26, 2015

Weak metal prices to hit miners through 2016 — Moody’s

The situation, says the ratings agency, won’t change over the next 12 to 18 months, and metal prices may fall even further.

October 26, 2015

Rick Rule: I am too wise to call a bottom in mining

Rick has seen too many cycles to answer a question like that.

October 23, 2015

Iron ore price drops to 3-month low

Vale's scorched earth strategy pays off: production on its way to 450 million tonnes at an astonishing cost of just $12.70 a tonne.

October 23, 2015

MMG’s gigantic Las Bambas mine in Peru to open next year despite protests

The copper mine, one of the world's biggest, is on track to begin production in the first quarter of 2016, despite weak prices and relentless protests against the project.