Billions wiped from mining sector as gold, silver prices fall and copper, iron ore prices plummet to 2009 levels amid Chinese stock market collapse.
As high volatility in the Chinese stock-market reinforced worries of a dropping demand from the nation, the world’s top metals consumer.
Getting — and keeping — a social license to operate, as well as resource nationalism, remain among the top five business risks for the industry.
The sustained losses place smaller miners back in the danger zone.
Chinese steel prices fall to record low Monday, dragging down iron ore price another 4%.
They claim Beijing is using it to block imports and so favour its own struggling coal industry.
"Ideally the company should be broken up into a Chinese piece, a Turkish-listed piece and an 'other' piece."
As fresh reports provided further evidence of a slowing Chinese economic and consequently increasing stock piles up at its ports.
China's central bank commitment to ensure policy remained prudent this year may mean no more monetary stimulus, which could see copper demand growth slow further.
The world's biggest producer and consumer of the metal sees a golden opportunity to expand its pricing power.
The World Coal Association has welcomed today’s announcement by China of its Intended Nationally Determined Contribution (INDC) in preparation for the COP21 climate negotiations in Paris later this year.
The value of the commodity has fallen by about 35% over the latest 12-month period, hitting Australia’s economy harder than expected.
The National Energy Technology Laboratory (NETL) has been investigating the economic feasibility of recovering the coveted elements from coal.
Bao Sheng Zhong, a Chinese national living in Richmond, B.C., now faces three counts of fraud for allegedly scamming two Asian women and one Asian man from the Lower Mainland.
During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap.
Chinese gold imports via Hong Kong jump 35%, shipments from Switzerland increase nine-fold in May as Shanghai's equity rally turns into sharp correction.
While details remain unknown, it is believed the fix would be launched via the Shanghai Gold Exchange, the world's biggest physical bullion exchange.
Russia, China and the U.S. are in a battle for currency dominance and natural resource stocks have been buffeted as a result.
China’s output of spherical graphite has continued to go from strength to strength in Q2 2015 on the back of strong lithium ion battery demand from Asia.
The rapid run-up in Chinese shares this year is dimming the allure of another popular investment: gold. Luckily for fans of the metal, demand is looking healthy in India, the other big retail market in Asia.
Analysts from Goldman Sachs, Citi and ANZ predict prices will drop again below $50 a tonne.
The world's largest potash miner is said to be mulling a merger with Uralchem, one of its main shareholders.
The Chinese firm already mines gold next door to a Phoenix deposit.
Many people scratched their heads when rumors first emerged that Apple planned to launch a gold iPhone in addition to its standard silver and gray/black colors.
Hobbled by too much supply and not enough demand, especially in China, the coal needed to produce steel has fallen to levels not seen since 2004.
In this post I revisit the energy production and consumption data for China looking for clues about the future direction of global energy markets.
Get Mining News and Alerts
sent to your inbox daily