Iron ore price falls more than 2% on Monday bringing 2015 losses to 35%. Next stop $45 a tonne says new report.
The mining giant has also asked for local laws to be flexible enough to keep pace with other countries.
Canaccord Genuity energy analyst Johan Hedstrom is tasked with scouring the Australian oil patch looking for good deals even as prices slip and slide.
The situation, industry officials said Friday, can’t continue for much longer.
Rio's Sam Walsh says any scheme to artificially prop up prices hovering at six-year lows is "physically not going to work."
Looking for an exit or a lifeline? Look further says $8 billion fund manager.
The firm said poor coal prices meant it would not make sense to extend the life of the mine.
Until Mick Davis pulls the trigger on X2's $5.6 billion, wishful thinking and unhealthy skepticism will pervade talk around private equity and mining.
The competition watchdog did not welcome chairman Andrew “Twiggy” Forrest call for rivals Rio, BHP and Vale to agree to cap production.
They'll hand back more than 175,000 hectares of prime conservation land they have held since 1971 to West Australia, ditching plans to build a bauxite mine and an alumina refinery in the area.
A new study shows the costs of mining for the red metal have steadily declined over the past three years.
The country's Environmental Court handed Monday a major victory to Barrick’s besieged Pascua-Lama gold, copper and silver project, straddling the border with Argentina.
The U.S. miner said the sale is part of a strategy to divest non-core assets and focus on supplying iron ore pellets to the North American steel industry.
The following charts clearly demonstrate gold’s fantastic price appreciation during the past 14 years.
There are a number of challenges South32 is likely to face, including potential Black Economic Empowerment ownership concessions and power price hikes.
The Great Barrier Reef is at risk of permanent damage should huge coalmining and a port development in Queensland go ahead, scientists say in a new report.
Western Australia’s Mines and Petroleum Minister Bill Marmion says the Queensland government’s decision to ban uranium mining is good news for WA.
PNG landowners have submitted a position statement, outlining “irreparable losses” as a result of social, economic and environmental damages allegedly caused by the operation.
ANZ predicts that as incomes rise across Asia, particularly in China and India, so will the appetite for gold rings and necklaces.
The first two months of 2015 failed miserably to dispel gloomy market conditions affecting the global mining industry, according to a study published Wednesday.
The federal government is bracing for a multibillion-dollar fall in iron ore and coal profits, just months away from its second budget.
Chinese "golden ticket" visa money is looking for a home in Australian mining assets, with local private firms sounding out advisers on copper and gold assets to on-sell to visa hopefuls, often at a hefty premium.
From South America to Africa, mining companies are throwing all that and more at communities to quiet growing opposition to controversial projects.
In 2014, nine out of top 10 gold producers achieved significant reductions in all-in sustaining production costs, but average cash margin fell victim to bearish gold price.
Westpac’s chief economist says with demand out of China unclear coming into the New Year, and high volumes of iron ore being exported to the country, price volatility will continue.
Board proposes to give shareholders one share in the $12bn spin-off company for every BHP share owned, but the whole process comes with hefty fees.
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