CEO Andrew Mackenzie tells shareholders while output is still increasing at no. 3 producer, it's been three years since new spending was approved.
Casey Research energy strategist Marin Katusa cautions that Russia and China have forged an alliance with the goal of world supremacy through control of the energy market and Vladimir Putin is winning.
The country effectively halted all but processed metal shipments in January in an effort to force miners to build smelters.
The Hong Kong-headquartered EGL Asia and NGGC, the state-owned, leading Chinese diamond grading laboratory, signed an agreement which renews and prolongs the close cooperation between the two institutions.
Iron ore price down more than 7% over two sessions to just above $70 as supply swamps China just as steel consumption falls for the first time in 14 years.
Deal should help bolster Australia's already strong links to Asia and the ongoing 'rebalancing' of the nation's growth towards the non-mining sectors.
And if the Chinese government stops adding to its strategic reserves the price could fall towards $2.50 a pound says new research report.
More may really be better for end users and mining companies when it comes to graphite.
A year after an export ban on raw gems in the country, reports show its diamonds are being sold to traders from Sudan to Belgium.
Drops to June 2009 levels on the way to $70 a tonne after Chinese house prices fall for sixth month in a row.
In this interview with The Gold Report, Lin identifies several producers and one near-term project uniquely positioned for the next bull market.
The world's largest iron ore producer said the new division head will focus on increasing efficiencies.
The partnership dates back to 1987, in the early stages of the development of the Chinese steel industry.
Angelos Damaskos, principal adviser of the Junior Oils Trust, admits that he finds the recent collapse in oil price a mystery. Nonetheless, he has no doubt that demand will compel higher prices in the medium and long term.
CEO Bing Liu, commented: "During this challenging time for the industry our company made tremendous efforts in costs reductions on both of our mines.”
Chinese steel mills restart production but ore demand remains modest.
Decline was in line with S&P/TSX Composite index, which also plummeted 15% during the quarter.
Their plea comes amid fears a climate change deal reached Wednesday between the U.S. and China could hurt coal miners in Australia.
Global demand, however, fell to its lowest in nearly five years as Chinese buying slid by a third.
Twiggy says BHP and Rio threaten Australia's relationship with Beijing by bankrupting Chinese iron ore producers. China's steelmakers may disagree.
A global survey of over 5,300 job seekers sheds some light on the issues in the war for talent which the Mining sector continues to face.
Mining equipment market to grow at compound annual rate of 8.42% to $134 billion through 2019 surpassing the market for construction equipment.
In an attempt to keep Yancoal afloat as coal prices trade near multi-year lows.
The world’s largest miner is only two weeks away from shedding more light on an upcoming spin-off of unwanted assets.
The SEC is looking into Joy's acquisition of International Mining Machinery Holdings Ltd of China for about $1 billion and related accounting matters.
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