GDP slowdown was expected but China's property sector, responsible for half of steel demand, is in a tailspin as Q1 unsold inventory rises 24%.
On the last of a three-day national hearing, BHP and Rio acknowledged they were in ongoing discussions with auditors from the Australian tax authority.
New report shows In 2014 volume of gold traded in London, Shanghai, New York and around the globe was 3 times more than all the gold mined in human history.
Mining transactions almost doubled last year and the trend is likely to stretch over 2015, as lower commodity prices are making some unprofitable.
This wouldn’t be the first time Hockey hinders a major corporate deal in Australia.
Iron ore regained its footing Tuesday, but too late for once high-flying Atlas Iron as 13mtpa producer's shares are suspended and receivership looms.
The goal is to expand Nautilus’ Seafloor Massive Sulphide prospect inventory around Solomon Islands, located east of Papua New Guinea.
BHP Billiton has announced four additional appointments to the Board of Directors of South32.
The country's parliament decided Tavan Tolgoi needs the approval of legislators before going ahead.
Sounds like just about everyone in mining is hoping to get into bed with Mick Davis and his $5.6 billion.
Iron ore producers and investors aren't the only ones getting hurt by the continuing weakness in the iron ore price.
Prime Minister Chimed Saikhanbileg said Friday his country should take charge of how long a dispute a expansion of the copper and gold mine has taken.
Despite the overall pessimism, mining CEOs remain just as confident on their own company’s growth as they were in previous years.
As several miners are in the process of shedding non-core operations to survive the current squeeze on the industry.
BHP Billiton spin-off worth just $7 billion when based on current spot prices for commodities.
New report identifies 231 existing copper projects with potential output of nearly 13m tonnes which will more than make up for long-term mine depletion.
3.6% plunge to just above $50 a tonne on Tuesday brings year to date losses to 28%.
Iron ore price falls more than 2% on Monday bringing 2015 losses to 25%. 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.
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