July 31, 2014

Barrick mothballs Pascua-Lama

Toronto-based miner has already spent $5 billion on the Chile-Argentina project first launched in 2006.

July 30, 2014

Coal exporters not backing down despite glut; could China enter the market too?

No signs of production slowdown in major coal-exporting countries.

July 30, 2014

Robust copper price prompts switch to aluminum

It's a trend already established in China where only 25% of insulated and overhead cables use copper versus 60% in developed economies.

July 30, 2014

BHP firing 6% of workforce in Chile’s Pampa Norte division

Division encompasses the Spence and Cerro Colorado copper mines.

July 29, 2014

Newmont to spend $900 million to develop Suriname gold mine

Gold reserves of 4.2 million ounces at an average grade of 1.22 grams per tonne

July 29, 2014

US utilities turn to Colombia, Russia for coal in 2014

Less expensive than burning domestic coal.

July 28, 2014

Goldcorp pours first gold at Argentina’s Cerro Negro mine

The miner poured the initial dole bar at a weight of 100 kilograms containing an estimated 317 ounces of gold.

July 28, 2014

Beny Steinmetz associate jailed over Guinea’s Simandou case

Frederic Cilins, a French businessman who worked as an intermediary for BSGR in Guinea, became the first person to receive a criminal sentence in a corruption investigation.

July 27, 2014

Mass grave with hundreds of skeletons found in Bolivian mining town

Hundreds of thousands have died over the years at the city's main silver mine, as a direct result of cave-ins, overwork, hunger and disease.

July 25, 2014

Codelco delays $6.8 billion mine expansion, reviews impacts on glaciers

The company says its future depends on the Andina mine expansion, as dwindling ore grades in its old mines are expected to bring annual output down.