MINING.COM

Barrick unveils early results of plan to buy back $1.15bn of its own debt

The miner, which began the year with an over $13 billion debt, has vowed to reduce the hefty figure by $3 billion before the end of 2015.

Cecilia Jamasmie | December 15, 2015 | 5:00 am

Codelco eyes $600 million in savings, more job cuts in 2016 as copper in the pits

Chief executive Nelson Pizarro said output will, however, remain untouched.

Cecilia Jamasmie | December 14, 2015 | 8:28 am

Some think not too soon for Anglo obituary

Anglo-American perceived as "the most likely of the diversified mining majors to go bust" even if it "goes down fighting".

Frik Els | December 11, 2015 | 11:44 am

Goldcorp caught in middle of Mexican gang war

Rival gangs are preying on a small community at Goldcorp's Los Filos gold mine in Mexico's Guerrero state leaving at least 26 people dead since mid-2014.

Frik Els | December 10, 2015 | 5:38 pm

Fresnillo says pipeline rupture contained

Mexican authorities say about 450 tonnes of material was released.

Michael Allan McCrae | December 10, 2015 | 10:45 am

Chinese commodity demand: Crisis. What crisis?

In volume terms Chinese imports of commodities led by iron ore and copper surged 17% in November, the best month in nearly two years.

Frik Els | December 8, 2015 | 12:13 pm

Anglo American to cut 85,000 jobs, dividend and assets in sweeping restructuring

The job cuts, part of a major overhaul, are far greater than the 53,000 positions the miner said it would cut in July.

Cecilia Jamasmie | December 8, 2015 | 7:54 am

Rio Tinto axes spending forecast by $1.5 billion

Once again the world's second largest mining company has cut its spending forecast for 2016, as iron ore hit new lows.

Cecilia Jamasmie | December 8, 2015 | 4:45 am

Glencore axes jobs, coal output at Australia’s mine as price collapses

The company will start cutting nearly 80% of its workforce at its Collinsville coal mine in March next year, as it dials back mining at the site.

Cecilia Jamasmie | December 7, 2015 | 4:01 am

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Teck to resume work at Quebrada Blanca 2

GoGold advances flagship Los Ricos project

Barrick annual production on track despite covid-19, PNG troubles

BHP to pay $840 million to break from coal in Chile

Argentinian MLA proposes rise in royalties that may affect lithium projects

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