BHP Billiton

Interest rate worries sink US boards

Downbeat economic news, high crude oil prices, and the expectation that the U.S. Federal Reserve would increase interest rates brought U.S. stock markets lower in the reporting period Aug. 4-9. The S&P 500 Index fell 34.47 points, or 3.1%, to 1,06…



Mining stocks weaken

U.S. stock markets edged lower in the reporting period July 21-27, and for the most part mining equities — in both precious and base metals — edged along with them. The Dow Jones Industrial Average was off 0.6%, falling 63.93 points to 10,085.14…


Landslide brings down Freeport

The period ended July 20 was punctuated by a hefty second-quarter loss by Freeport-McMoRan Copper & Gold, which stemmed primarily from a major rockslide last October at its giant Grasberg mine in Indonesia.




An Ashton Mining field geologist analyzes and logs core at Camp Lagopede, on the Foxtrot property in the Otish Mountains of northern Quebec.

Partnerships pay off for Ashton

Ashton Mining of Canada (ACA-T) is stepping up exploration efforts following its success in helping find new diamond districts in Quebec, Alberta, and the Coronation Gulf area of Nunavut.


The Pimenton camp in the High Andes, 135 km northeast of Santiago and close to the border with Argentina.

Pimenton catapults SAG&C to producer status

Santiago, Chile — Having recently ramped up to production, the Pimenton gold and copper mine in the High Andes of central Chile is bringing South American Gold & Copper Co. (SAG-T) a big step closer to its goal of becoming a si…



Miners shine in dull market

Both gold and base metal majors posted strong gains on U.S. equity markets in the report period May 19-25, even as the broader market moved sideways.


Mano River lures BHP into Sierra Leone

Vancouver — Mano River Resources (MNO-V) has signed an agreement with BHP Billiton (BHP-N) to explore for diamonds on the former’s 9,700-sq.-km prospecting licence in southeastern Sierra Leone.



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