April 14, 2014

Anglo gives fresh signs it wants to offload platinum mines

CEO Mark Cutifani said the Rustenburg operations were no longer considered one of the company’s core assets.

April 14, 2014

Codelco could tap sovereign wealth fund for needed mine expansions

The world's No.1 copper producer needs to invest roughly $30 billion in the next decade to counter dwindling ore grades in its massive mines.

April 14, 2014

Anglo American seeks $600 million compensation from Venezuela

The miner became the latest corporation to sue the nation over the way it has treated foreign companies during Hugo Chavez administration.

April 13, 2014

Glasenberg pulls off blockbuster Las Bambas deal

Chinese buyers cough up $6.3 billion in cool hard cash for massive Peru copper project indicating renewed confidence in prospects for the red metal.

April 11, 2014

The big palladium rally is finally under way

Palladium breaks through $800 to two-and-a-half year high as lease rates double and ETFs attract 270,000oz in two weeks.

April 11, 2014

US gold and silver production dips, copper jumps

US copper mine production grew 5% to 1.23 million tonnes in 2013 according to the latest US Geological Survey, but silver and gold recovered slid.

April 11, 2014

Former JPMorgan commodities chief under federal probe

The probe was opened following a settlement with regulators that alleged JPMorgan manipulated power markets in the Midwest and California.

April 10, 2014

Copper, iron ore imports defy China weakness

China's iron ore imports jump 21% to 74 million tonnes while copper imports surge 31%.

April 10, 2014

Codelco workers suspected of stealing over $80m in copper

The criminal activity involved contractors and it had been going on since 2011.

April 9, 2014

Barrick Gold shareholders advised to back miner’s pay plan

The recommendation comes from Proxy advisory service Institutional Shareholder Services, the same firm that last year called shareholders to vote against the Barrick's approach to compensation.