VANCOUVER, March 28- More partnership deals are likely in the gold industry as miners start investing in new projects again but are keen to lower the risk, analysts said after Goldcorp Inc and Barrick Gold Corp's announced a 50-50 joint venture in Chile. As part of a complex series of transactions costing Goldcorp about $445 million up front, the Vancouver- based...
VANCOUVER, March 28- Goldcorp Inc will team up with larger peer Barrick Gold Corp to work on developing gold mines in northern Chile, it said on Tuesday, as the industry starts to invest in new projects again. As part of a complex series of transactions costing Goldcorp about $445 million upfront, the Vancouver- based company has agreed to buy fellow Canadian miner...
VANCOUVER, March 28- Barrick Gold Corp and Goldcorp Inc, the world's No. 1 and No. 3 gold miners by value, have agreed to team up to potentially develop gold projects in northern Chile, Goldcorp said on Tuesday, as the industry starts to put money into growth again. In a complex series of transactions costing Goldcorp around $445 million upfront in cash and shares, the...
China's ambitious One Belt, One Road initiative is already becoming a reality, a resources executive said Thursday.
Freeport McMoRan's Indonesian unit has resumed production of copper concentrate at its giant Grasberg mine.
Jean-Sebastien Jacques, CEO of Rio Tinto, says he isn't worried about the Chinese economy in 2017 even amidst ongoing restructuring.
Anil Agarwal's attempt to buy £2bn of shares in Anglo American will give him a major say in one of the world's top miners, the FT reports.
LONDON, March 16- Indian billionaire Anil Agarwal said he wants to buy a 2 billion pound stake in Anglo American, a major vote of confidence in the global miner's recovery. Last year, Anglo American's shares gained nearly 300 percent, making it the best performer on the London FTSE as the mining industry recovered from a slump in commodity prices in 2015 and early...
LONDON, March 16- Indian billionaire Anil Agarwal said he was buying a 2 billion pound stake in Anglo American, sending the global miner's shares sharply higher and signaling a possible return to large-scale dealmaking in the sector. Anglo American, which has a market value of around 16.75 billion pounds, refused to comment. Wednesday's announcement of...
China's coal output fell 1.7 percent in the first two months of the year.
Jean-Sebastian Jacques, the CEO of Rio Tinto, speaks with CNBC about the mining industry.
Caspar Rawles of Benchmark Mineral Intelligence says prices for cobalt, which is used in lithium-ion batteries, will remain strong this year.
Spending on growth projects ranks third in priority, delegates and companies said at a mining industry conference in Florida this week. "Companies who said they are going to spend more on capital or do not have a clear dividend policy, they've all been penalized," said Charl Malan, senior analyst at New York- based fund management firm Van Eck Associates.
A strike at the Escondida copper mine in Chile appeared far from ending on Monday as the conflict neared its third week.
Shareholders are pressuring miner Freeport-McMoRan to stand up to the Indonesian government over the U.S. miner's contract.
David Paull, MD of Aspire Mining, says commodity prices are driving the investment propositions for Mongolia.
Analysts say the company's decision to give up its right to replace striking workers at its Escondida mine puts the ball in the union's court.
Ben Clark of TMS Capital addresses the dip in BHP Billiton's share price despite the company having turned the corner.
Rob Brierley of Patersons Securities weighs in on the mining company's results and says its "subdued" outlook.
Daniel Hynes at ANZ explains how steel capacity reduction in China is impacting iron ore prices.