August 28, 2015

Codelco now mines copper for $1.40 a pound

Chile's state-owned giant slashes costs 11% and boosts production as it takes the fight to the competition amid slumping copper price.

August 27, 2015

Freeport-McMoRan cuts spending, production and jobs: shares soar

The miner has responded to deteriorating market conditions by slashing spending and cutting jobs, mostly at its North American operations.

August 27, 2015

Goldcorp, Teck combine projects, create new $3.5 billion mine in Chile

The miners expect significant savings and environmental advantages by combining the two neighbouring projects, which are only 40 kilometres apart.

August 27, 2015

About 80% of Colombia’s gold output comes from illegal miners — Gov’t

Authorities say the $2.5 billion illicit mining industry is creating a parallel economy that is deemed to damage the business of those who operate legally.

August 26, 2015

Iron ore still in a bull market. What does it say about China?

No commodity is more exposed to China and the iron ore price is up 20% from its 2015 low. Has the steelmaking raw material become a leading indicator?

August 26, 2015

Jim Rogers: Commodity bull market hasn’t gone away

Commodity investing legend says the Chinese market is on its way to "finding a good bottom."

August 26, 2015

Vale sells Integra coal mine in Australia to Glencore and Bloomfield

The sale follows last month’s touted deal with Stanmore Coal, which bought Vale's Isaac Plains coal mine for just a dollar.

August 25, 2015

Canada, Australia, US, Chile and Mexico, the top destinations for mining investors

Despite current adverse conditions, advisory firm Behre Dolbear is recommending mining stakeholders to focus on markets that have been able to ride the wave relatively well so far.

August 25, 2015

Gold Fields offers $10k for new algorithm to classify gold ore

The goal is to develop an image algorithm that can classify material in a gold mine as high, medium or low grade ore, or waste.

August 25, 2015

BHP Billiton posts worst profit in over 10 years

As prices for the company's four key "pillar" commodities —iron ore, metallurgical coal, copper and oil and gas — have all dropped to multi-year lows in the past 12 months.