August 16, 2015

Construction begins at Colombia’s first gold mine in 20 years

Red Eagle Mining (TSXV:RD) is spending $120 million to open Colombia's first gold mine in two decades.

August 14, 2015

Vale ordered to halt production at giant Amazon nickel mine

Judge also orders compensation for indigenous people in the region following protests at mine responsible for 9% of Brazilian giant's nickel output.

August 14, 2015

Glencore sells stakes in three assets, gets only $290 million

Investors weren't happy with the news. The stock dropped to record lows Friday, becoming the top loser on FTSE 350 mining index.

August 13, 2015

Glencore hit by $790 million writedown, cuts spending

The company's action on spending follows sharp falls across commodity prices this year.

August 13, 2015

Global gold demand hits six-year-low as China, India buy less

Total bullion demand dropped 12% in the second quarter of the year, due in part to directionless prices, the WGC says.

August 12, 2015

Iron ore price rally safe from yuan devaluation

High cost domestic Chinese iron ore mines will stay shut, boosting already surging imports.

August 12, 2015

The Saudi oil price war is backfiring

With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump.

August 11, 2015

Dr Copper making way too much of China devaluation

Bellwether copper price falls to fresh six-year low after China devalues currency, but new report says market reaction is a knee-jerk one.

August 10, 2015

Antarctica may hold the key to regulating mining in space

As we turn our eyes to the skies, we should also look south to gain some insight into governance matters in outer space.

August 9, 2015

Codelco says over $15 million in damages due to strike at Salvador mine

Codelco, the world's No.1 copper producer, confirmed it will start legal actions against protesters this week.