Market valuation at lower end of expectations on worries over dearth of reserves. BHP stock falls 6%.
CEO Andrew Mackenzie announced the firm would cut capital and exploration expenditure to $9 billion in the 2016 financial year from $12.6 billion in 2015.
Mancini advises investors to go for the best of the best: gold miners with cash flow, great balance sheets, low costs and good management.
Jean-Sébastien Jacques thinks it will take three to four years for thermal coal prices to recover.
Forrest is blaming BHP and Rio for a fall in the price of iron ore as the pair continue to ramp up production.
A nuclear-power boom in Asia that’s set to drive up uranium prices is triggering a resurgence in mining in Australia, home to the world’s largest reserves.
Overall Chinese imports plummeted 16% in April as coal enters free-fall, but iron ore's decline was modest and copper shipments jumped 5%.
The UK High Court ruling is the latest setback BSG Resources, which is fighting on multiple legal fronts over the alleged corruption case.
The company's shares have lost over 40% of their value since it first listed in 2011 on the London Stock Exchange.
Steelmaking raw material now up 28.7% from decade lows hit last month.
BHP Billiton shareholders have overwhelmingly voted in favour of the South32 demerger, a spin off that creates Australia’s third-largest mining company.
The A$3.9 million partnership with Reconciliation Australia seeks to include teaching of Aboriginal and Torres Strait Islander history in schools.
Mick Davis hasn't spent a cent of his $6bn, but private money and non-mining players' share of M&A has already doubled in less than three years.
India's Prime Minster Narendra Modi's plans to shift the country's economy toward manufacturing and away from agriculture and services are being held up by a different kind of coal shortage.
The 14-months long investigation ended on April 10, with BHP accepting the charge of “causing an offensive odour,” and the EPA releasing just a single tweet about it.
It's estimated that the labour action generated about US$26 million in losses, forcing BHP to declare force majeure last week.
Newmont Mining (NYSE:NEM) has sold its only mine in New Zealand, the Waihi gold mine, to OceanaGold (TSX, ASX:OGC), the companies announced last Thursday.
Catherine Raw, from one of the UK mining sector's best known fund managers, is assuming as the company's Business Performance Executive Vice President.
If the miner buys any assets this year, it would be Rio's first acquisition in about three years.
Today's results are the lowest earnings Vale has reported in six years and its third straight quarterly loss.
Iron ore price falls 4% on Wednesday as oversupply, Chinese steel fears return.
But the miner revised down its 2015 U.S. iron ore sales and production volume estimate to 20.5 million tons, from its previous guidance for 22 million tons
Using advanced photonics, Dr Agneszka Zuber and Associate Professor Heike Ebendorff-Heidepriem's method can find gold nanoparticules at detection limits a hundred times lower than current methods such as X-ray Diffraction (XRD) and X-ray Fluorescence (XRF).
With new rosters in place and job losses on the horizon, many in WA are asking how this will affect their home lives in coming years.
As much as three quarters of investors voted in favour of a non-binding motion to change the way the gold giant compensates its executives.
Analysts are not sure what to make of El Salvador’s recent move that saw its central bank sell about 80% percent of its gold reserves last month.
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