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Mick Davis has raised up to $5.6bn for the private equity vehicle that is intended to bring the former Xstrata chief executive and his team back to the upper echelons of the mining industry. Mr Davis was one of the most successful mining chief ... Read more...
A U.S. judge dismissed antitrust litigation accusing the parent of the London Metal Exchange, the large mining company Glencore and two other foreign defendants of being part of a conspiracy among Wall Street banks and commodity merchants to drive up ... Read more...
TORONTO — The Toronto stock market closed lower Wednesday in a broad-based decline led by mining, energy and financial issues. The S&P/TSX ... The base metals sector was down two per cent while May copper was unchanged at US$2.66 a pound. Read more...
Lower oil prices in concert with currency devaluation versus the U.S. greenback in established mining jurisdictions like Mexico and Canada could translate into sustainably increased operating margins at some operations and a rally in precious and base ... Read more...
Although Canadian capital investment in the mining industry recovered in subsequent years following the financial crisis, capital investment fell by 12.5% in 2013 to US$13.5 billion, as a result of reduced exploration activity for precious and base metals.and more » Read more...