January 15, 2015

Top 10 copper mines plunge $134 billion in value

Over just two days the copper price rout has slashed $134 billion off the value of the reserves of the world's largest producers.

January 14, 2015

Big global copper surplus? Mine cutbacks force rethink

Cuts in copper mine output are raising doubts about the extent of a widely expected global surplus that has driven down prices, and the reduced production could support a market…

January 14, 2015

‘Mick the Miner’ goes after Vale’s nickel assets

The 56 year old who built Xstrata into one of the world’s biggest mining firms and then sold it to Glencore, is tipped to be on the verge of landing…

January 13, 2015

Oil price debacle likely to drive Alberta into recession: report

According to the Conference Board of Canada, the province faces more than just a slowdown.

January 13, 2015

First Majestic Silver logs record production in last quarter of 2014

It produced over 4 million silver equiv. oz. in Q4, hitting an annual record of 15.25 million silver equiv. oz. for the year.

January 12, 2015

Yamana Gold raising Can$260 million

Proceeds will be used for debt reduction and "general corporate purposes."

January 9, 2015

Chile mulls making water desalination mandatory for miners

The measure would only be imposed to miners that consume more than 150 liters (40 gallons) of water per second.

January 5, 2015

Caterpillar stock nosedives on JPMorgan downgrade

The analysts argued that as much as 15% of the machinery maker’s revenues are dependent on the oil and gas industry

January 5, 2015

Codelco pre-tax profits down despite output increase

Pre-tax profit for the year was a bit over US$3 billion, a decline of $760 million when compared to 2013.

January 5, 2015

Silver Wheaton extends Barrick’s deadline to fulfill Pascua Lama silver deal

In the meantime, the miner will receive silver produced at three other Barrick operations in South America.