Metals X breaches loan covenants to focus on Tasmanian mine

OZ Minerals (ASX:OZL) is betting big on copper with plans to begin mining ore at its Carrapateena underground mine by 2019.

Rout continues ahead of crucial Chinese import data.

Construction of the massive mine's underground portion will begin within months, with first production expected by 2020.

New study shows existing mines, committed projects will fill demand gap only until the end of the decade – then follows "marked downtrend in production"

Down 9% since Monday as Chinese speculators pull out and Rio Tinto CEO warns of oversupply.

Risk, from a mathematical perspective, is the probability of an event multiplied by its potential impact.

The drop comes as stockpiles in China, the world’s biggest buyer, climbed 1.2% to 98.5 million tons last week.

The rare 2.83-carat violet diamond, named The Argyle Violet, is the largest of its kind ever found at the miner's remote operation in Western Australia.

Barrick Gold has reduced its debt load, reshuffle management and sold several assets.