September 24, 2015

Argentina’s presidential candidates want mining to be platform for country’s recovery

Argentina’s presidential election, the first to be decided in a second and final round since the constitution was changed in the 1990s, will be key for the country’s economy, particularly…

September 24, 2015

Caterpillar to axe 10,000 jobs over next three years

It also revised its guidance for 2015 down, saying sales and revenues for the year are now expected to be about $48 billion—$1 billion lower than the previous outlook.

September 23, 2015

Ultra-class: How BHP drives haul-truck efficiency

Bigger blasts, crib huts and hot seating.

September 23, 2015

Argentina extends Barrick’s Veladero gold mine halt

Local judge had initially ordered a five-day suspension of the leaching process, but has decided to extend it “as a precautionary measure."

September 23, 2015

Gemfields mine in Zambia richer than initially thought

According to SRK, the company needs to spend $84 million over the first four years of the project

September 23, 2015

BHP Billiton contributed $7.3 billion in payments worldwide, shows first related report

The mining giant acknowledged it used a Singapore marketing hub to minimize its tax expenses, but added it is paying its fair share worldwide.

September 22, 2015

Copper leads fall in metal prices on China worries

So far, copper prices have failed to react significantly to news of supply disruptions, remaining more responsive to news from China, the world’s largest consumer.

September 21, 2015

Mines in Latin America likely to spend more than any other region

These results correspond with the number of operating mines in each region undergoing expansion.

September 21, 2015

Rare Earth Minerals logs loss, but hopes more Tesla-like agreements to the rescue

The company reported a £1.2 million pre-tax loss in the first six months of 2015, widening from the £191,000 loss reported a year earlier.

September 21, 2015

Newmont, Kinross likely to buy Barrick’s US gold assets

The company's president, Kelvin Dushnisky, said he expects the imminent sale of six U.S. assets to close before the end of the year.