HudBay eyes further growth in Peru

Base metals miner HudBay Minerals is looking at expanding its asset base in Peru as it seeks to create a new hub that replicates the successes enjoyed at its mines in the Canadian province of Manitoba, the company's top executive says.

Reuters | April 10, 2012 | 4:32 pm

Caterpillar’s big bet on the US economy

It hasn't been long since Caterpillar Inc looked like the typical resident of the Rust Belt. Having misjudged how deep the U.S. economy would decline, the world's largest maker of construction machinery reduced its workforce by 33,000 people worldwide in 2009, closed plants and posted lower profits.

Reuters | April 9, 2012 | 12:46 pm

Race on to dig more zinc mines even as glut persists

Zinc miners are betting a long-running global supply glut of the metal used in steel making will turn into a deficit over the next five years as old mines run dry, sparking massive investment in new projects.

Reuters | April 8, 2012 | 9:30 pm

Nine trapped in collapsed wildcat mine in Peru

Nine workers trapped inside a wildcat mine in southern Peru received oxygen and liquids through a giant hose on Saturday while a rescue team toiled to get them out, officials said.

Reuters | April 7, 2012 | 9:21 pm

Global warming close to becoming irreversible

LONDON (Reuters) – The world is close to reaching tipping points that will make it irreversibly hotter, making this decade critical in […]

Reuters | April 5, 2012 | 5:22 pm

B2Gold profit up on higher gold prices

Canadian miner B2Gold Corp reported a 68 percent rise in fourth-quarter adjusted profit, helped by increased output and higher gold prices.

Reuters | March 30, 2012 | 5:40 pm

Gold drops more in late trade

Spot gold prices retreated from two-week highs on Tuesday after being repulsed by the $1,700 per ounce level. Losses continued in New York trade after hours on the back of the March options expiry where bullion was last trading at $1,683 an ounce .

Reuters | March 27, 2012 | 10:53 pm

China Development Bank has $1 trillion to lend: Its investment arm is ‘very actively seeking’ nickel assets

Chinese firms have been snapping up copper, uranium, iron ore and coking coal assets around the world, but have yet to make a big splash in nickel.

Reuters | March 23, 2012 | 11:11 pm

Talks under way to end lockout at Rio Quebec smelter

Talks are under way to end a three-month lockout of workers at Rio Tinto Alcan's giant Alma aluminum smelter in northern Quebec as the two sides have been summoned to the negotiating table.

Reuters | March 21, 2012 | 5:32 pm

Tiffany predicts upbeat 2012 on emerging-market strengths

Tiffany & Co forecast higher sales for 2012, helped by further expansion in Asia and the Americas, and the high-end jeweler said […]

Reuters | March 20, 2012 | 8:37 pm

World’s largest aluminum producer takes $1.4 billion writedown

HONG KONG/MOSCOW – RUSAL, the world’s top aluminium maker, took a $1.4 US billion hit in its 2011 financials on Monday on […]

Reuters | March 20, 2012 | 8:17 pm

Australian iron ore shipping activity resumes after cyclone

Shipping operations at Australia's Port Hedland have resumed after a tropical cyclone that passed through the Pilbara iron ore belt weakened to below cyclone intensity and moved inland on Sunday.

Reuters | March 18, 2012 | 5:35 am

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