March 9, 2015

Rio Tinto to axe hundreds of jobs as part of drastic restructuring

The company recently announced its intention to merge the copper and coal divisions, reducing Rio's businesses to just four main groups.

March 9, 2015

Chile launches national program to boost mining industry productivity

One of the goals is to support the creation of 250 local mining suppliers and have the sector exporting $10bn in knowledge-intensive solutions by 2035.

March 8, 2015

Clinton run for presidency swept up in Haitian gold permit affair

The presidential ambitions of Hillary Rodham Clinton have become ensnared in an obscure gold-mining project in Haiti, as the Democratic favorite for the presidency begins her second run for the…

March 6, 2015

Iron ore spot price drops to record low

The iron ore price suffered another steep decline on Friday, falling to the lowest since November 2008 when the SteelIndex benchmark was first introduced.

March 5, 2015

Galaxy Resources: A new focus to meet the coming lithium demand

Just two years ago, Galaxy Resources Ltd. was overleveraged and unfocused.

March 5, 2015

Expansion of Chile’s Sierra Gorda mine may cost up to $2bn

Majority owner KGHM International also said it is sticking to its commitment to invest US$9 billion over the next five years.

March 5, 2015

Mick Davies’ X2 Resources raises $5.6 billion, ready to buy up assets

The former Xstrata boss’ new firm may soon pull the trigger on some big deals at a time of low commodity prices and willing sellers.

March 4, 2015

Do mining companies adequately value corporate social responsibility?

The industry is generally optimistic after a difficult year. According to a recent study by the EY Global Mining & Metals Center, the mining sector was battered and bruised in…

March 4, 2015

Colombia to speed approval of permits, crack down on illegal miners

The country wants investors back and has vowed to reduce the time it takes to process permits to less than two months.

March 3, 2015

Peru mining output rises on zinc, silver, lead

Peru's mining production rebounded 5.8% in January as output of most major metals rose, the government said in a preliminary report.