July 25, 2014

Miners need to overhaul business model to boost productivity: study

Cost reduction measures in the mining industry could well have undermined the sector's productivity, which remains down, according to a new EY report.

July 25, 2014

Human rights and the mining industry: managing the problems before they arise

As people become ever more aware of what’s going on the world — including the impact of commercial activity on human rights — the expectations of society are inevitably rising.

July 24, 2014

Chile’s Escondida mine boosts BHP copper output

Improvements at the mine mill throughput and concentrator utilization offset declining ore grades at the world's largest copper mine.

July 24, 2014

Caterpillar profit beats estimates but sales fall

Construction, not mining lifts the machinery giant's second-quarter results.

July 21, 2014

China’s MMG board grants undivided approval for $5.85bn Las Bambas buy

Las Bambas will be one of the world’s largest copper mines after it starts up in 2015, with annual output equivalent to more than twice the amount of copper MMG…

July 18, 2014

Kaizen not done with acquisitions

Kaizen will find projects and ITOCHU will fund them.

July 17, 2014

Vale sees iron ore prices coming back to historical levels

CEO Murilo Ferreira thinks the ore may get close to 2011’s peak of $168 a ton.

July 17, 2014

Panama Diamond Exchange to host high-level seminar on anti-money laundering and Kimberley Process

One-day seminar, which will be conducted in English, to take place July 22.

July 16, 2014

Barrick Gold ousts CEO Sokalsky in major shakeup

The Toronto-based firm has shown president and CEO Jamie Sokalsky the door two years into the job, and less than three months after a breakdown in merger talks with its…

July 15, 2014

Grupo Mexico considers mining for rare earths

The news come only weeks after the government announced it would begin funding explorations projects to locate deposits of the coveted elements.