Rio Tinto, Calibre enter Nicaragua exploration deal

Confidence levels in the sector have improved dramatically over the last 12 months, reaching a two-year high.

The company announced on Tuesday that long-time directors Donald Carty and Robert Franklin had resigned with immediate effect.

Precious metals main reason behind record decline and outflows from commodity assets under management in 2013.

The CEO of world number two miner Rio Tinto said the quality of Chinese mining equipment is catching up and in some instances surpassing that of the major US manufacturers.

Company has a few more months to wrangle with the Mongolian government.

The transaction creates a diversified, Americas-based mid-tier gold producer that would generate the equivalent of 250,000 to 270,000 ounces of gold next year.

Vale got $25 million for the mines, way below the $200 million it had invested on them.

South Australian Premier, Jay Weatherill, has reproached the federal government for saying BHP could resume its Olympic Dam expansion within months, calling it a "cruel hoax."

The potential is appealing. Peru holds13% of the world's copper reserves, 4% of gold, 22% of silver, 7.6% of zinc, 9% of lead and 6% of tin reserves.