Glencore hit by $790 million writedown, cuts spending

It can take twice as long to build mines now than in the past, according to Southern Copper.

Bilateral conclusion: the rivers continue to support and sustain aquatic life in conjunction with mining and other land use activities.

Miners of the precious metal are expected to more than double dividends this year.

Pent-up demand for acquisitions should start to be realized as the world opens up assuming buoyant commodity prices hold up.

Spending on exploration in Australia rose in the December quarter to its highest in over seven years.

The company suspended operations at its Oktyabrsky and Taimyrsky mines in Siberia after it detected subterranean water flowing into the facilities.

Production fell 16.1% year-on-year to 84,700 tonnes at the world's largest copper deposit.

Glencore unit McArthur River Mine received approval from the territory's mining minister last year to proceed with the expansion.

Chinese funds stepped into the driving seat last week with one player placing a mega $1-billion bet on higher prices.