Nautilus Minerals officially sinks, shares still trading

Salvador, Codelco’s smallest operation, has been battling to turn a profit after dwindling ore grades pushed up production costs.

"When this market turns it will be a lot of fun again."

The things that have moved in this market of course have been precious metal production and near term production stories, but people are coming to understand that high quality discoveries are rare.

Adrian Day provides an overview of recent developments at three resource companies on his list. The recent pullback in precious metals stocks has provided opportunities to add to positions, and there is one buy.

Small-cap miners will outperform large cap miners in the coming years, a new analysis from BMI Research shows.

The possible plant closure, which could cost around 2,000 jobs, is part of a global restructuring plan announced in September that could see CAT cutting as many as 10,000 jobs globally in the coming years.

George Bee will assume as vice president of the Argentine side of the project effective Sep. 12.

Conflict comes as Rio Tinto donated its majority stake in the operation to both Papua New Guinea and the Autonomous Region of Bougainville last month.

Once the underground expansion is completed Ouy Tolgoi would become one of the three largest copper mines in the world.