Chile injects $600 million into state-owned copper giant Codelco
The money is the first payment in a $3 billion aid plan authorized under a new funding mechanism, designed to avoid a slump in production.
Cecilia Jamasmie , Editor-in-Chief
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Drop in mining sales takes toll on Komatsu Q2 results
Construction and mining equipment account for almost 90% of Komatsu’s revenue.
Shell abandons oil sands project in Canada, takes $2bn charge
The decision to scrap the Carmon Creek project, said the company, was partially due to a lack of pipelines to coastal waters.
Canada’s First Nations, mining companies benefited from modern treaties — report
Modern treaties have drove First Nation communities’ real income up by about 17%, benefiting several industries, especially the extractive sector, a new study shows.
Ecuador aims to attract $750M in mining investment next year
The government is planning to open up new mining areas for gold and copper exploration.
Aussie Gov’t under attack for saying there is ‘moral case’ for coal mines
But authorities and miners say calls for a global moratorium on coal mines ignore the scale of global demand for energy.
US coal miner Murray Energy sues Obama Administration
The Ohio-based company says the new ozone standards will severely harm the country's already battered coal industry.
Weak metal prices to hit miners through 2016 — Moody’s
The situation, says the ratings agency, won’t change over the next 12 to 18 months, and metal prices may fall even further.
Rio’s controversial Warkworth coal mine extension close to final approval
The NSW Department of Planning has recommended conditional approval of the much needed and long-debated mine expansion, as its current permit expires in June 2017.
US aluminum producers say Chinese firm evading import duties
The case, filed with the U.S. Commerce Department late last week, is considered the first formal move to curb China's aluminum exports.
How Rio–Glencore talks fell apart
In the end it wasn't about copper, iron ore or coal, but who was paying more.
