New report says mining and metals companies set to default on debt at more than three times the historical rate going back to 1983.
Australia Mining News
BMI Research analysts also believe gold prices bottomed in 2015 and expect the metal to edge higher over the coming quarters.
Strategic shift comes as the world's biggest miner tries to regain investors' confidence.
It now owns 8.47% of Atlas Iron, which gives Glencore direct exposure to iron ore production.
OZ Minerals (ASX:OZL) is betting big on copper with plans to begin mining ore at its Carrapateena underground mine by 2019.
Rout continues ahead of crucial Chinese import data.
Construction of the massive mine's underground portion will begin within months, with first production expected by 2020.
New study shows existing mines, committed projects will fill demand gap only until the end of the decade – then follows "marked downtrend in production"
Down 9% since Monday as Chinese speculators pull out and Rio Tinto CEO warns of oversupply.
Risk, from a mathematical perspective, is the probability of an event multiplied by its potential impact.
The drop comes as stockpiles in China, the world’s biggest buyer, climbed 1.2% to 98.5 million tons last week.
The rare 2.83-carat violet diamond, named The Argyle Violet, is the largest of its kind ever found at the miner's remote operation in Western Australia.
Atlas Copco, one of the leading providers of sustainable productivity solutions, is introducing a new and improved model in the production drill category: Simba S7. The Simba S7 shows off with its game changing precision, assuring more precise drilling and less waste.
Barrick Gold has reduced its debt load, reshuffle management and sold several assets.
As society becomes more dependent on technology, metals like lithium are in high demand.
A green group asked the Supreme Court in Queensland to review the environmental approval of the controversial coal mine and rail project.
Beijing clampdown on Chinese commodity markets where six out of ten of the world's most active derivates are now traded doesn't bode well for iron ore price.
The world's largest gold producer, reported a quarterly loss, compared with a year-earlier profit, as asset sales impacted production and realized gold prices fell.
Most shareholders hope that Catherine Raw persuades management to stop prizing output over profitability and, instead, place more emphasis on investors’ returns.
"It is not clear at this time that the current prices are either sustainable or sufficient".
The new method would allow for specialized plants, which are critical for biodiversity, to be re-established faster around old iron ore mines.
World's number one heavy equipment manufacturer arrests sales decline in March.
Full voting results will be released on Friday.
The gold and copper miner didn’t specified where the alleged misconduct took place.
While Queensland's miners axed 22,000 positions between 2013 and 2015, health and community services created new jobs for almost double that number.