Most mining mega deals involve Canadian companies – report

$5 billion a year for five years will merely replace exhausted mine capacity says CEO of world's largest copper company.

Copper price hasn't traded at those levels for two years.

The grant will help fund a project to be carried out in Peru over the next five years focused on the sustainable development of a responsible artisanal gold sector.

Once the fastest growing economy in the world, foreign direct investment in Mongolia collapsed over the space of just two years.

The government intends to set its mining royalties at 9% for both open-pit and underground mines.

Today Andrew’s talking about the ebbs and flows of his MRG business. He tells me President and CEO searches are not where he’s making his money these days, it’s the operations roles.

In this interview with The Gold Report, Doulis says he remains hopeful that this is the year things take a positive turn, but in case we see more of the same, he recommends a few low-cost producers with saintly management teams that keep delivering on promises.

But China’s slowdown, rising costs and falling prices may get in the way.

A report out by Bloomberg speculates that Mick Davis' X2 Resources $5.6 billion private equity fund is closing in on Canadian target.