MINING.COM

Peru tries solving Xstrata’s conflict to stop mining investments from falling

Peruvian authorities met Thursday with representatives of the town of Espinar in southern Peru, to resolve a conflict between the community and Xstrata’s Tintaya copper mine, which they accuse of polluting their land and water supplies.

Cecilia Jamasmie | June 22, 2012 | 2:01 pm

Billions wiped off metal stocks after China, EU and US deliver economic shocks

The mining sector's bellwether companies were all beaten down on Thursday as the price of metals and minerals continued to slide and economic indicators from across the globe painted a bleak picture for the mining industry.

Frik Els | June 21, 2012 | 9:20 pm

Traders with Bernanke blues sell off metals, gold drops $50

The slide in the spot price of gold triggered by disappointment over the Fed's actions – or lack thereof – yesterday accelerated in Thursday trade with the precious metal giving up $50 or just over 3%.

Frik Els | June 21, 2012 | 8:06 pm

Xstrata to pay $342 million to execs after Glencore merger triggers ‘red-top alert’

The unusual alert, considered the Association of British Insurer's most serious warning, indicates a breach in corporate governance.

Cecilia Jamasmie | June 21, 2012 | 12:24 am

Papua New Guinea won’t budge over Nautilus seabed mine. Shareholders abandon ship

Canada's embattled Nautilus Minerals dropped 11.5% on Wednesday after Papua New Guinea said it is within its rights to terminate a deal made last year for the development of the world's first commercial seabed mine.

Frik Els | June 20, 2012 | 8:36 pm

Baja Mining has 45 days to come up with money for Boleo

Besieged Baja Mining (TSX:BAJ) added another 14% on Wednesday following good gains the day before to trade at $0.205 after announcing it had negotiated a 45-day standstill agreement with lenders for its Boleo project.

Frik Els | June 20, 2012 | 4:55 pm

Anglo and Codelco’s bitter dispute over copper assets in Chile may end this Friday

London-based Anglo American (LSE:AAL) and Chile's state-owned Codelco have set this Friday as the deadline to resolve a dispute over billions of dollars in copper assets.

Cecilia Jamasmie | June 20, 2012 | 1:04 pm

Rio Tinto invests $600 million to extend life of Utah copper mine

Rio Tinto Copper's Chief Executive, Andrew Harding, said the investment will secure low cost copper, gold and molybdenum production for the company in next two decades.

Cecilia Jamasmie | June 19, 2012 | 3:13 pm

Major shareholder sues Baja Mining over ballooning costs, management

Baja says it "intends to defend this action vigorously."

Joshua Zapf | June 18, 2012 | 11:19 pm

First

Last

Cornish Lithium gets $1.7 million funding boost for UK project

Peru’s environmental regulator imposes new controls on Las Bambas’ trucks

Union leader asks workers to vote for strike action at Los Pelambres

Feature: retired Phelps Dodge miner still reigns at the Queen of Copper Camps

Zambia scraps sales tax plan in concession to miners

Create FREE account or log in

to receive MINING.COM digests