Investors pile into Peru’s $2 billion Michiquillay copper project

The company announced on Tuesday that long-time directors Donald Carty and Robert Franklin had resigned with immediate effect.

Precious metals main reason behind record decline and outflows from commodity assets under management in 2013.

The CEO of world number two miner Rio Tinto said the quality of Chinese mining equipment is catching up and in some instances surpassing that of the major US manufacturers.

The transaction creates a diversified, Americas-based mid-tier gold producer that would generate the equivalent of 250,000 to 270,000 ounces of gold next year.

South Australian Premier, Jay Weatherill, has reproached the federal government for saying BHP could resume its Olympic Dam expansion within months, calling it a "cruel hoax."

The potential is appealing. Peru holds13% of the world's copper reserves, 4% of gold, 22% of silver, 7.6% of zinc, 9% of lead and 6% of tin reserves.

Vancouver's Augusta Resource Corp opened 18% higher on Friday after the release of a positive environmental statement on its Arizona copper mine.

Statement after annual planning meeting warns of "downward pressure" on the world's second largest economy and the need to take "bold steps" to reform industry.

Mikhail Prokhorov acquired Mercator Minerals through a friendly merger with his company Intergeo MMC.