June 3, 2014

Goldman Sachs in huge bullion buy from cash-strapped Ecuador

South American nation desperate to raise cash to repay $11bn borrowed from China "invests" 466,000 ounces of gold reserves worth $580m with investment bank.

June 3, 2014

Finally, good news for mining in Peru: Ricardo Carrión and Alberto Arispe

Ricardo Carrión and Alberto Arispe of Peru-based Kallpa Securities have a boots-on-the-ground view of the politics, legal battles and investment climate for precious metals mining in the Andes.

June 3, 2014

Rio: $80 iron ore price means ‘a lot’ of miners will disappear

CEO Sam Walsh: "We are the lowest-cost producer in the world with costs of $20 per tonne; I think we’ll be OK."

June 2, 2014

Marubeni eyes Vale’s halted Rio Colorado potash project in Argentina

The Japanese firm is said to be looking to either acquire the project, or restart it as partner of Vale.

June 2, 2014

UN urges talks following violent Guatemala mining protest

A local resistance movement has been trying to stop development of El Tambor gold mine.

May 30, 2014

Kinross Gold allegedly trying to recover Ecuador mine losses

The government may renew Kinross’s rights to the concession, or at least could remove legal hurdles to the prospective sale of Fruta del Norte gold-silver project.

May 30, 2014

Output at No.1 global copper producer slips slightly in first quarter

While output drop was minimal, Codelco's profit dived 38% as a result of lower metal prices.

May 30, 2014

Vale gets green light to restart nickel mine in New Caledonia

After over three weeks of being suspended over a chemical spill into a local river into a local river that killed about 1,000 fish.

May 29, 2014

Citigroup: ‘Don’t be tempted’ to buy gold mining stocks

Gold mining stocks have been hit harder than the gold price, but rallies from depressed levels will be short and are "difficult to time".

May 29, 2014

Chinese copper asset buyers are out again

Driven by China's seemingly insatiable demand for concentrates as more smelter capacity comes on-line and refined copper imports diminish, the need for foreign sourcing of copper raw materials is increasing.