Record gold output, but Hudbay posts loss in Q1

Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio’s upcoming annual general meeting.

Some of the company’s international mining partners include major names such as Glencore, China Molybdenum and Ivanhoe.

With metals from zinc to palladium trading at multi-year highs, four of the world’s top producers generated combined free cash flow last year of about $87 million a day.

Randgold boosted divvy to $2 a share, after a year of record production and soaring profits, but warned the good times may be over soon as it’s now facing demanding new regulations in Congo, one of its key jurisdictions.

Mark Bristow says the law will “severely limit the growth of the mining industry in the DRC as well as the country's own economic prospects.”

Mining and metal companies are rediscovering the downside of rallying prices: higher costs.

Analysts had forecast a $419 million net profit for the company in the fourth quarter.

“The environment for investing in commodities is the best since 2004-2008” – Goldman Sachs

BHP's Escondida on Wednesday cast doubt on chances of starting talks on a new labor agreement with the company before formal negotiations scheduled for June.