MINING.COM

Anglo American to write down up to $4bn on weak commodity prices

This would be second multi-billion dollar impairment charge Anglo takes this year on its coal and iron ore assets.

Cecilia Jamasmie | July 16, 2015 | 8:40 am

Zambia mining industry says new rules to scare investors, deter local processing

The Chamber of Mines wants the government to reconsider its decision to hike corporate income tax rate on mineral processing from 30% to 35%, which came in effect July 1.

Cecilia Jamasmie | July 16, 2015 | 3:18 am

Prepare for flood of copper concentrate

New data by International Copper Study Group predicts copper mine output will grow 5.7 million tonnes by 2018 as Peru, Zambia and Mexico ramp up production.

Frik Els | July 15, 2015 | 12:25 pm

Anglo American likely to cut dividend amid commodities collapse

It would be the first time since 2009 that Anglo has to cut dividends.

Cecilia Jamasmie | July 15, 2015 | 6:41 am

BHP Billiton to take a $2.8 billion write-down on US assets

With this impairment BHP will have written down its oil and gas business by more than $4 billion since 2011.

Cecilia Jamasmie | July 15, 2015 | 3:55 am

Only permanent supply cuts can lift metal prices

The availability of cheap money has seen boards postpone hard decisions about uneconomic capacity says Macquarie in new report.

Frik Els | July 14, 2015 | 2:05 pm

INFOGRAPHIC: Data shows investing is heavily biased by Geography

For investors, there’s no place like home. Data shows that investors are heavily sector-biased based on where they live.

Visual Capitalist | July 14, 2015 | 6:38 am

Congo’s Gecamines sells copper assets to Chinese for $52 million

The deal increases Chinese miners presence in Congo, which is Africa’s top copper producer and the world’s largest producer of cobalt.

Cecilia Jamasmie | July 14, 2015 | 6:00 am

Scientists, environmentalists call for freeze in deep sea mining permits

A group of scientists is asking international authorities to temporarily halt the approval of new underwater mining contracts until further environmental controls are put in place.

Cecilia Jamasmie | July 10, 2015 | 10:59 am

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Franco-Nevada posts record Q3 revenues, income

Chile copper output costs plunged in first half

Turquoise Hill takes Rio Tinto to arbitration over Mongolia mine funding

China targets 20% share of new energy vehicle sales by 2025

Chile’s mining investment to lag while constitution rewritten, official says

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