Workers at BHP Billiton's Escondida copper mine in Chile, the world's largest, walked off the job on Thursday.
BHP Billiton on Thursday approved its $2.2 billion share of investment for the second phase of the Mad Dog oilfield in the Gulf of Mexico, as expected.
Gains in copper prices are expected to pick up pace as China demand exacerbates supply shortages at large mines, Goldman Sachs said.
Paul Bartholomew of S&P Global Platts says the rally in commodity prices helped to drive the strong showing from Rio Tinto.
BHP Billiton has begun halting operations at its Escondida copper mine in northern Chile.
Alex Leyland, portfolio manager at Leyland Private Asset Management, says Rio Tinto's cost discipline and higher iron ore prices made for strong results.
Copper prices look set to rise further if BHP Billiton and Freeport-McMoRan reduce or halt production at the Escondida and Grasberg mines.
Global miner Rio Tinto said on Wednesday it will pay a bigger-than-expected annual dividend of $1.70 per share on the back of a strong recovery in mineral commodities markets in 2016 and cost-cutting.
David Lennox, resources analyst at Fat Prophets, expects Australian iron ore miner Rio Tinto to report a full-year profit of $4.7-5 billion.
Copper prices climbed over 1 percent after BHP Billiton said it planned to halt production at the Escondida mine due to a workers strike.
The main union at BHP Billiton's Escondida copper mine said that negotiations mediated by the Chilean government have failed.
Barclays estimates Caterpillar's resource industries revenue will grow by 40 percent in 2018.
The Philippine mining minister's decision to close over half of the country's mines and suspend others is "illegal," an industry group said.
Dennis Gartman, "The Gartman Letter" editor and publisher, shares his take on U.S. Steel and Freeport-McMoRan. The "Fast Money" traders weigh in.
President Trump is "perceived by many to be a loose cannon," says one analyst, and that's expected to continue to be a positive for gold.
Randgold Resources CEO Mark Bristow weighs in on whether he thinks U.S. President Donald Trump will be good for gold prices in the coming months.
Charles Newsome, divisional director at Investec Wealth, talks about whether client portfolios should have an exposure to mining, with comment on gold.
Randgold Resources CEO Mark Bristow outlines the key details from the latest earnings report by the gold mining company.
The planned closure of 23 Philippine mines, mostly nickel producers, and the suspension of five others will affect about 1.2 million people.
Metallurgical Group Corp. is in the process of building an open-pit copper mine that will destroy a 5,000-year-old Afghanistan city.