MINING.COM

US copper stocks sprint to record high, reflecting transport costs, weak demand

Copper stocks held in warehouses registered with COMEX in the United States stand at 228,428 tonnes, up from below 90,000 tonnes at the start of 2017.

Reuters | February 22, 2018 | 10:41 am

Barrick to hike gold output as Newmont gets too close to being world’s top producer

Miner is advancing a pipeline of projects expected to contribute more than 1 million ounces of annual production starting in 2021.

Cecilia Jamasmie | February 22, 2018 | 9:03 am

Anglo American ‘shows off’ — doubles profits, halves debt, pays highest divvy in a decade

Company became the latest top miner to report soaring profits, hefty dividends and lighter debt burden.

Cecilia Jamasmie | February 22, 2018 | 3:40 am

Canada the world’s overall top mining destination, despite Saskatchewan fall

That's considering the combined rankings of all its provinces and territories, but Finland is the most attractive jurisdiction this year.

Cecilia Jamasmie | February 22, 2018 | 2:00 am

Southern Copper to splash $2.5 billion on Peru project

Winning bidder for Michiquillay project says production will start in 2025 to become one of the largest mines in the world's number two producing country.

Frik Els | February 21, 2018 | 12:40 pm

Apple in talks to buy cobalt directly from miners — report

Electronics and car makers are racing to lock in supply agreements for cobalt amid fears of shortage.

Cecilia Jamasmie | February 21, 2018 | 5:48 am

Miners rich in cash are aiming for fat dividends, debt payments

The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.

Bloomberg News | February 21, 2018 | 4:35 am

Glencore gives investors $2.9bn in dividends after ‘strongest’ results ever

The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise.

Cecilia Jamasmie | February 21, 2018 | 3:44 am

BHP CEO will meet with activist Elliott to discuss demands

BHP’s first-half results missed analysts’ expectations and the shares fell 4.6 percent, on pace for the biggest daily drop since April.

Bloomberg News | February 20, 2018 | 11:11 am

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Copper price up on hopes of further monetary easing in China

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