MINING.COM

Codelco removes CEO Keller after clash over cost cuts

Keller had been commended for his efforts to overhaul old mines and cut costs at Codelco, but his tough style is said to have triggered tensions within the company and its powerful unions.

Cecilia Jamasmie | June 6, 2014 | 3:02 pm

Alaska to join Pebble Partnership in lawsuit against EPA over mine project

They oppose the agency's latest decision, which may block development of the Pebble mine before any permit application has been filed.

Cecilia Jamasmie | June 5, 2014 | 6:54 pm

BHP admits mistakes in its China, iron ore strategy

CEO Andrew Mackenzie says miner's China-focused investment is shifting and its rapid iron ore expansion came at the expense of the overall business.

Frik Els | June 5, 2014 | 6:22 pm

Newmont halts all operations in Indonesia, declares force majeure

The company is putting about 80% of its Batu Hijau mine employees on leave at reduced pay from Friday.

Cecilia Jamasmie | June 5, 2014 | 6:12 pm

Miners profits sank 72% over past year, lowest level in a decade

Global net profits have dropped to $20 billion in the last year, with gold, coal and diversified miners being the worst affected.

Cecilia Jamasmie | June 5, 2014 | 2:48 pm

Avanti Mining signs agreement with First Nations group over $1b Kitsault mine

Avanti Mining Inc. (TSX-V) has entered into an agreement with the Nisga’a Nation regarding the mining company’s proposed $1 billion Kitsault Molybdenum Mine Project.

Business in Vancouver | June 4, 2014 | 8:10 pm

Newmont stops copper output at Indonesia mine

The miner said its concentrate storage facilities have reached full capacity and that it is still trying to delay putting its employees on paid leave at reduced compensation

Cecilia Jamasmie | June 3, 2014 | 3:29 pm

Philippines eyes $1bn revenues from proposed new mining law

The new revenue-sharing scheme would see the government taking 55% of the industry's net revenues or 10% of gross revenue, whichever is higher.

Cecilia Jamasmie | June 2, 2014 | 2:37 pm

Ian Parkinson’s copper and gold names for a fresh round of M&A

Growth for the sake of growth is over, but that doesn't mean mergers and acquisitions in the mining space are finished, says Ian Parkinson, director of equity research-mining with GMP Securities L.P.

The Gold Report | June 2, 2014 | 12:49 pm

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OZ Minerals to buy Cassini Resources

Silver Dollar to acquire majority stake in First Majestic’s La Joya project

Glencore hit by another probe over Congo dealings

Unions at Codelco demand more protection against coronavirus

Codelco to suspend northern construction projects

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