South Africa’s Bell Equipment to restructure and shed jobs

South African earthmover manufacturer Bell Equipment announced plans on Wednesday to restructure and shed jobs, as mining industry customers delay spending in the face of falling commodity prices.

Reuters | December 3, 2014 | 5:28 pm

Colombia mine regulator sees faster project licensing within a year

Colombia's mining regulator will be able to bring wait times for exploration and production permits back within legal limits in about a year after it has smoothed out the legal tangles that have bogged down its decisions, its chief said on Thursday.

Reuters | November 27, 2014 | 6:52 pm

Suppliers face loss-making deals as miners tighten screws

The global mining sector has cut $20-25 billion in costs.

Reuters | November 26, 2014 | 4:17 pm

Glencore, Mick Davis among suitors of Anglo American mines in Chile

Glencore and X2, a company set up by former Xstrata boss Mick Davis, are among the suitors of the Chilean copper assets put up for sale by global miner Anglo American.

Reuters | November 14, 2014 | 6:02 pm

BHP Billiton scraps sale of Nickel West division

The world's largest mining company has scrapped the sale of Nickel West and will continue operating the unit after failing to find a buyer at the right price.

Reuters | November 12, 2014 | 5:23 pm

With dollar on a tear, gold and silver rout far from over: Poll

Gold's rout may be far from over, with many analysts and traders surveyed by Reuters predicting prices could fall to $1,000 per ounce by the end of the year, the first time at that level since 2009.

Reuters | November 10, 2014 | 6:35 pm

Xstrata founder Davis bids for Anglo American assets – Sunday Times

Mick Davis, the former boss of miner Xstrata, has made an offer for Anglo American assets including copper mines in Chile, Brazilian nickel mines and some coal operations, the Sunday Times reported without citing sources.

Reuters | November 2, 2014 | 11:36 pm

Kinross to sell halted Ecuador gold project to Lundin company

Kinross Gold Corp has agreed to sell its halted Fruta del Norte gold project in Ecuador to a company belonging to the Swedish-Canadian Lundin family for $240 million, Kinross and the company, Fortress Minerals Corp. said.

Reuters | October 26, 2014 | 8:35 pm

Gold falls as stock markets firm and physical demand wanes

Gold fell on Thursday as stronger-than-expected economic data and upbeat corporate results lifted stocks in Europe and the United States.

Reuters | October 23, 2014 | 4:46 pm

Gold miners’ outstanding forward sales jump 61 pct in Q2— report

The volume of gold sold forward by mining companies jumped 61% in the second quarter after Russia's Polyus Gold added a major new hedge position, an industry report showed on Wednesday.

Reuters | October 22, 2014 | 1:55 pm

Chile copper boom begins to fade as production headaches mount

The shine may soon come off Chile's decade-long copper boom as technical and regulatory problems in getting new mines into production highlight just how hard it will be to keep ratcheting up the supply.

Reuters | October 17, 2014 | 4:31 pm

South Africa considers declaring certain minerals as strategic

Under the bill, such minerals "will be sold for production costs excluding transportation. That is the mine-gate price.

Reuters | October 14, 2014 | 9:29 pm

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