January 22, 2015

Colombian gold CEO involved in $970m laundering case arrested

Prosecutors claim the gold company and its top executives are at the centre of a money-laundering scheme involving cocaine traffickers.

January 21, 2015

Fortuna Silver slumps 9% despite impressive drilling in Mexico

Analyst downgrade sinks shares of Vancouver-based owner of fast-expanding polymetallic mines in Peru and Mexico.

January 21, 2015

Global mining sector ended 2014 on a disappointing note: report

December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.

January 21, 2015

China’s alleged intentions to mine Antarctica spark global debate

New evidence has emerged of China's interest in digging for oil, gas a minerals in the frozen continent.

January 20, 2015

Glencore likely to slash spending on coal, oil — HSBC

The global miner and commodities has estimated spending on oil projects for this year and next of $2 billion and $1 billion on coal expansions.

January 20, 2015

Tahoe’s Escobal silver mine output at high end of 2014 expectations

The mine generated 20.3 million ounces (moz) of silver contained in concentrates recovered from 1.246 million tonnes of ore at an average grade of 585 grams per tonne (gpt).

January 20, 2015

Rio Tinto digging up more iron ore despite slumping prices

The world’s second largest iron ore miner is targeting a 18% output increase this year, adding to a mounting global glut that has driven down the commodity price.

January 19, 2015

Antofagasta buys Canada’s Duluth Metals, warns lower margins ahead as copper falls

With Duluht’s acquisition, Antofagasta takes control of the Twin Metals project, located in north-eastern Minnesota, which is set to become its first operation outside Chile.

January 19, 2015

ArcelorMittal sells its coal mines to Russia’s National Fuel Company

The assets include the coal mines of Berezovskaya and Pervomaskaya, which together produce 700,000 tonnes of coal a year.

January 19, 2015

Goldcorp strikes $440 million deal for Probe Mines

The move will see the miner taking control of the Borden Gold project in northern Ontario.