MINING.COM

Copper down to fresh six-year low after China market falls

The red metal dropped to $5,012 on trading on the London Metal Exchange, approaching the level of $5,000 it last hit in late 2008.

Cecilia Jamasmie | August 18, 2015 | 6:28 am

Goldman Sachs abandons physical commodities after coal division sale

The firm began disposing mining assets last year, as prices for most commodities began a downward trend and U.S. regulators increased pressure on banks to get out of risky businesses.

Cecilia Jamasmie | August 17, 2015 | 10:39 am

Barrick Gold reshuffles top management team

Co-President Kelvin Dushnisky will take over as president as the world’s largest gold producer restructures management to boost efficiencies.

Cecilia Jamasmie | August 17, 2015 | 5:10 am

Construction begins at Colombia’s first gold mine in 20 years

Red Eagle Mining (TSXV:RD) is spending $120 million to open Colombia's first gold mine in two decades.

Andrew Topf | August 16, 2015 | 1:15 pm

Vale ordered to halt production at giant Amazon nickel mine

Judge also orders compensation for indigenous people in the region following protests at mine responsible for 9% of Brazilian giant's nickel output.

Frik Els | August 14, 2015 | 3:46 pm

Glencore sells stakes in three assets, gets only $290 million

Investors weren't happy with the news. The stock dropped to record lows Friday, becoming the top loser on FTSE 350 mining index.

Cecilia Jamasmie | August 14, 2015 | 4:50 am

Glencore hit by $790 million writedown, cuts spending

The company's action on spending follows sharp falls across commodity prices this year.

Cecilia Jamasmie | August 13, 2015 | 3:30 am

Global gold demand hits six-year-low as China, India buy less

Total bullion demand dropped 12% in the second quarter of the year, due in part to directionless prices, the WGC says.

Cecilia Jamasmie | August 13, 2015 | 12:05 am

Iron ore price rally safe from yuan devaluation

High cost domestic Chinese iron ore mines will stay shut, boosting already surging imports.

Frik Els | August 12, 2015 | 4:32 pm

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Vale enacts emergency protocol at Barragem 5 dam

Chile government rejects Codelco privatization

Alamos Gold to build new mine in Mexico

Vale develops first 100% electric locomotive in Brazil

Supervisors at Antofagasta’s Centinela accept new contract

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