MINING.COM

Mick Davies’ X2 Resources fails to deliver, frees investors from commitments

Launched three years ago with a $5.6bn war chest, the fund once hailed as leader of a new wave of mining investment changes course.

Cecilia Jamasmie | October 26, 2016 | 4:45 am

Zijin, Shandong go after Barrick Gold’s Veladero mine in Argentina

The potential sale of a 50% stake in Veladero mine could fetch Barrick more than $1 billion, sources familiar with the matter say.

Cecilia Jamasmie | October 25, 2016 | 11:30 am

Caterpillar axes sales forecast, warns factors depressing orders could linger

While quarterly earnings beat analysts expectations, revenue fell short of estimates and CAT also lowered its full-year guidance.

Cecilia Jamasmie | October 25, 2016 | 3:34 am

Protest ends at MMG’s Las Bambas copper mine in Peru, exports to resume

The process of restoring calm in local communities and the re-opening of essential infrastructure is now underway, said the miner Monday.

Cecilia Jamasmie | October 24, 2016 | 9:42 am

Caterpillar rally hindered by fresh drop in sales

The world’s largest heavy machinery maker has logged a 18% drop in global sales of machinery for the three-month period ended in September.

Cecilia Jamasmie | October 24, 2016 | 6:57 am

Mining robots key to colonizing Mars — Elon Musk

He envisions people living in big glass-carbon fiber domes on the surface, with additional areas mined out below the surface by robots for "industrial" uses.

Cecilia Jamasmie | October 24, 2016 | 5:51 am

Mexico’s mining sector to reach $17.8bn by 2020 on the back of silver, zinc prices

The country's sector, dominated by precious metals and zinc, will be well-positioned for the expected price outperformance of these commodities, shows new report.

Cecilia Jamasmie | October 21, 2016 | 3:46 am