With the only exception of gold, production numbers for most other commodities mined in the Central African nation are also expected to decline this year.
The miner has responded to deteriorating market conditions by slashing spending and cutting jobs, mostly at its North American operations.
Authorities say the $2.5 billion illicit mining industry is creating a parallel economy that is deemed to damage the business of those who operate legally.
Commodity investing legend says the Chinese market is on its way to "finding a good bottom."
The sale follows last month’s touted deal with Stanmore Coal, which bought Vale's Isaac Plains coal mine for just a dollar.
Despite current adverse conditions, advisory firm Behre Dolbear is recommending mining stakeholders to focus on markets that have been able to ride the wave relatively well so far.
The Energy Information Administration (EIA) recently released data on the history of America’s energy supply, sorted by the share of each energy source.
New South Wales planning authorities say a scaled-back plan to extend the life of Anglo’s Drayton South open-cut mine in the Hunter Valley can be approved, but with certain conditions.
As prices for the company's four key "pillar" commodities —iron ore, metallurgical coal, copper and oil and gas — have all dropped to multi-year lows in the past 12 months.
We're not in 2008 – plotting global economic growth against commodity prices shows metals and mining sell-off is disconnected from realities on the ground.
The price for the two assets could rise to $500m from $200m, depending on an eventual recovery of copper prices and the execution of an expansion plan for the Mantoverde mine.
The answer is NO, according to the leader of The Greens, Richard Di Natale.
The company said is not keen on Rio Tinto's thermal coal assets, currently up for sale.
The US has suspended the futures market on the Nasdaq index, as panicking traders have driven it down 5% — the maximum allowed under Wall Street rules.
One of the darkest events in the martial-law era of Poland in the early 1980s will soon be available to the public.
Today may be the end of this trend of divergence. US equities are at a precipice: fueled by low rates and quantitative easing for years, they have finally started to tumble from record highs.
Chinese rail freight tonnage – a key indicator for economic activity and the commodities trade – has plunged by 10.2% this year.
SNL Energy Research analyzes the top coal basins in select regions amid predictions of further pain for the global coal industry, including mine closures, liquidations and bankruptcies.
First Nation support for resource projects has become increasingly important to their success.
Hundreds of thousands of dollars of infrastructure projects have been put on hold in Western Australia's mining heartland.
The world's leading commodity trader stock slumped to a record low Wednesday after it revealed it swung to a steep first-half loss of $676 million.
Today's series of maps show the size and type of every power plant in the United States.
The firm began disposing mining assets last year, as prices for most commodities began a downward trend and U.S. regulators increased pressure on banks to get out of risky businesses.
A group of activists protesting the use of coal in Germany were teargassed over the weekend after breaking through police lines, RT reported on Sunday.
Investors weren't happy with the news. The stock dropped to record lows Friday, becoming the top loser on FTSE 350 mining index.
Contrarian investing is a dynamic field and not a static one.
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