April 16, 2012 The meek shall inherit the earth, but not its mineral rights: Meet mining’s 40 richest billionaires MINING.com counts more than 90 billionaires involved in minerals, metals and mining on the planet with a combined wealth of well over $300 billion.
April 15, 2012 Codelco buys in copper to meet deliveries The world's largest copper miner has been forced to buy from other miners and traders to meet its deliveries to customers, a rare move that underscores how the mining industry…
April 15, 2012 Canada’s Harper tells Americas summit mining has ‘vast power to change the way a nation lives’ Mining contributed $50 billion to the country’s GDP in 2011, he said, and provides “well paying” jobs for more than 300,000 Canadians.
April 15, 2012 With 4 mega-projects sucking up $120 billion, BHP vows to ‘live within its means’ BHP's four largest projects – Olympic Dam, the Outer Harbour iron ore infrastructure project in Australia, expansion of its US shale gas operations and Jansen potash in Saskatchewan, Canada –…
April 14, 2012 Billionaire behaving badly? Glencore’s Glasenberg caught in Africa child labour, acid dumping row In a scathing new BBC documentary that includes the first ever television interview with CEO Ivan Glasenberg, commodities trader Glencore is accused of allowing dumping of acid into streams, child…
April 13, 2012 Ivanhoe staggers as Ouy Tolgoi costs balloon to $13 billion Ivanhoe and Rio Tinto not only have to deal with higher projected mining and processing costs at the mega-mine but also development delays and most worryingly, lower ore grades.
April 13, 2012 The last time South Africa’s mines produced this little the country was still ruled by the Queen of England Output from the resources industry in the African nation is now the lowest since 1961, the year South Africa left the British Commonwealth and declared itself a republic
April 13, 2012 NovaGold profit tumbles to $16.8 million but on track with sale of Galore Creek stake Canadian NovaGold Resources Inc. (TSX:NG) said its net income fell to $16.8 million in the first quarter pushed by the elimination of foreign exchange gains because of a new arrangement…
April 13, 2012 Doe Run Peru to be liquidated after rejected restructuring of La Oroya smelter Metals producer Doe Run Peru’s creditors rejected a restructuring plan the company presented with a view to restarting operations at the La Oroya smelter, said in a statement the Energy…
April 13, 2012 Melting Arctic is nothing but good news for the mining industry: Lloyd’s/Chatham House The melting ice cap in the Arctic sea could open up access to immense mineral reserves, attracting billions of dollars in investment, but also bringing with it unique risks and…
Silver price whipsaws again as thin liquidity fuels wild swings Spot silver was up more than 7% to about $76 an ounce by mid-morning in New York on Friday, having earlier tumbled toward $64. February 06, 2026 | 01:23 pm
