June 8, 2016

Gold firms gear up for growth as cost of mining the metal falls

Early signs of activity include Kinross Gold's March decision to expand its Mauritanian gold mine and Goldcorp acquisition of junior Kaminak for $520 million in May.

June 8, 2016

Afghanistan deploys security forces in large illegal mining crackdown

The country lost at least $27.5 million in revenue from lapis lazuli between 2014 and 2015. In contrast, armed groups earned about $20 million just in 2014.

June 8, 2016

This is the next major copper-gold project in South Australia

Construction at Carrapateena will commence next year, with first production in 2019.

June 7, 2016

Copper price plummets as stocks pile up

Plenty of metal on offer as Chinese demand stays lacklustre.

June 7, 2016

2016 metals, mining outlook darkens

World Bank revises down growth rate for commodity exporting countries to just 0.4%, predicts 15% decline in metal prices this year.

June 7, 2016

Top miners squandered $200 billion during boom

Capital spending by the world's largest miners since 2010 amounted to $632 billion – 32% of which has now been written off says new report.

June 7, 2016

Chinese mining companies feel misled by Canada, report says

An internal report by Ottawa's ambassador to Beijing details a raft of complaints from the China Mining Council about the unwanted surprises some mining companies encountered in Canada.

June 7, 2016

US government expected to green-light first private Moon mission

An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works.

June 6, 2016

Goldcorp and Teck plow ahead with new $3.5bn mine in Chile

The project, renamed NuevaUnion, would be one of the largest copper-gold-molybdenum mines ever-developed in Latin America.

June 6, 2016

Commodities storming back into bull market

Most analysts believe the commodities market has turned a corner and that prices are unlikely to return to lows seen in the past year.