MINING.COM

Glencore can’t find buyer to pay up for Lomas Bayas

Report says Swiss miner was unable to get the $500 million plus it wanted for the Chilean copper mine.

Frik Els | August 11, 2016 | 2:56 pm

US Securities and Exchange Commission asked to investigate Tahoe Resources’ failure to disclose secret lawsuits

Groups is asking the SEC to determine whether Tahoe failed to meet legal requirements for disclosing human rights abuses and lawsuits related to its Escobal mine in Guatemala.

Mining Watch | August 11, 2016 | 8:00 am

Tahoe Resources soars on Q2 earnings

Stock rose 7.3% on Wednesday after the company announced Q2 results that beat expectations.

Melissa Shaw | August 10, 2016 | 10:45 am

First Majestic Silver swings back to profit in Q2

The Mexico-focused miner has benefitted from an ongoing silver rally and even more so than many of its peers, as it chose not to diversify into other metals.

Cecilia Jamasmie | August 10, 2016 | 7:08 am

Iron ore price soars past $61 per tonne to fresh 3-month high

Iron ore’s resilience in recent months has defied many analysts’ forecasts, as Beijing’s stimulus plans, restocking by Chinese steel mills and historically low port stockpiles have supported prices.

Cecilia Jamasmie | August 8, 2016 | 8:35 am

Goldman Sachs: Copper price heading for $1.80

“Company guidance and our estimates suggest that copper is entering the eye of the supply storm.”

Frik Els | August 5, 2016 | 3:05 pm

More bad news for copper price

Study shows the most efficient mines in top producer Chile now produce copper for less than $1 a pound after finding an additional 13% in savings this year.

Frik Els | August 4, 2016 | 12:27 pm