Financial Times analysts are the latest ones singing the “supercycle is over” song, as the paper points today to recent profit reports from major miners, including Anglo American, BHP Billiton, Rio Tinto and Xstrata as the most recent evidence.
The Peruvian government has thrown in the towel on Newmont Mining's (NYSE:NEM) controversial Conga mine as the nation's prime minister announced Monday evening the $4.8 billion copper-gold project is now on the back burner.
Delaware's highest court has upheld a decision by a lower court to award $2 billion to Southern Copper Corp (NYSE:SCCO) following Southern's overpayment for Minera Mexico.
ermitting delays are hindering United States’ economic growth, says The National Mining Association (NMA), which estimates the nations sits on nearly $6.2 trillion worth of key undeveloped mineral resources, such as gold and copper.
A recent survey conducted by resource and energy sector HR firm EarthStream shows mining professionals around the world expect major salary gains in the upcoming year.
The final fate of BHP Billiton’s (ASX:BHP) Olympic Dam mine expansion remains fraught with uncertainty in the wake of the company’s announcement last week that it was shelving the project due to cost factors.
Peking University finance professor Michael Pettis writes on his blog that the long-anticipated rebalancing of the Chinese economy may have already commenced.
Following Martin Ferguson’s rash declaration last week that Australia’s mining boom had come to an end several leading economic experts have publicly refuted the Australian Resource Minister’s dire prognosis.
The world's number one miner, BHP Billiton, wants to leave the news of its first decrease in annual profit in three years behind by focusing on finding the most lucrative way to increase iron ore production in Western Australia.