Copper

Barrick Gold reported on Thursday that net income in the fourth quarter was up 57% to US$947 million or 95 cents a share, a record result for the world's-largest gold miner. In the same quarter in 2009, Barrick reported US$604 million net income or 61 cents a share. The company produced 1.7 million ounces of gold at a total cash cost of $486 per ounce. Gold production in 2011 is expected to be similar to 2010.

The Obama Administration has called for a hardrock mining royalty and a new hardrock AML fee, along with other fees and tax […]

Panama’s National Assembly has repealed a law blocking foreign investment in mining, which will permit the development of Inmet Mining’s Cobre Panama […]

Ivanhoe Mines has made major “Tier 1” copper discoveries in the Democratic Republic of Congo and South Africa, chief executive Robert Friedland […]

Teck Resources Limited announced earnings in 2010 of $1.5 billion or $2.62 a share. Earning were 36% better than the $1.1 billion […]

One of the world’s largest copper and silver producers has signed a contract worth nearly $US 700 million for the sale of […]

According to the organization’s Director-General, economic recovery is likely to boost the prices of commodities with crude oil, copper, gold, corn and […]

As Asia heads into its Lunar New Year holiday activity is likely to remain steady in the copper market but in the […]

Moly Mines Ltd. announced on Sunday that it received a commitment letter from the China Development Bank for US$250 million to be […]