July 6, 2016 Chinese fund eyes Glencore gold mine in Kazakhstan China’s state-backed Silk Road Fund is said to be considering a joint $2 billion bid with China National Gold Group for the Vasilkovskoye mine.
July 5, 2016 INFOGRAPHIC: Silver skyrockets post-Brexit, energy is back! Energy had an impressive comeback in Q2, with natural gas and oil being the best performing commodities of the quarter.
July 5, 2016 BHP greenlights expansion at Escondida copper mine in Chile With the expansion, Escondida is targeting an average output of 1.2 million tonnes a year over the next decade, up from about 940,000 tonnes it produced last year.
July 5, 2016 Illegal gold trade in Congo still benefiting armed groups, foreign companies Illegally acquired and exported gold from the mineral-rich eastern Congo keeps filling the pockets of some foreign companies as well as armed groups, a new report shows.
July 4, 2016 Rio Tinto sells its Blair Athol coal mine for less than a bus ticket The Blair Athol mine, closed in 2012, would be the second Australian coal asset in a year to be sold for just A$1.
July 4, 2016 Global mining equipment market to reach $156 billion by 2022 — report Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.
July 1, 2016 World’s largest copper mine output, profit plummeted in Q1 Chile’s Escondida produced 265,597 tonnes in the period, or 23% less than the 347.125 tonnes it generated in Q1 2015.
July 1, 2016 Rio Tinto exits PNG, gives away copper-gold mine with $51bn in reserves Decision follows a company review of the asset that was triggered by the Bouganville government’s pressure to restart mining at Panguna or give it up.
June 30, 2016 Newmont selling Indonesian unit for $1.3 billion With the sale, Newmont is offloading its Batu Hijau mine, Indonesia’s the second-biggest copper and gold operation.
June 29, 2016 Cautiously optimistic about nickel price Nickel's jumped back above $9,000 and the outlook is for steady price increases through 2019 despite possible lifting of Indonesian export ban – report.
Hedge funds cut bullish gold wagers to lowest in 15 weeks Hedge funds and other large speculators reduced net-long positions by 23%. February 06, 2026 | 03:33 pm