Cecilia Jamasmie , Editor-in-Chief

Commodity prices have not bottomed yet — Goldman Sachs

Unless demand picks up or more miners cut output, prices for raw materials are set to stay low for years, or worse, continue to drop, the investment bank predicts.

Cecilia Jamasmie | November 20, 2015 | 9:01 am

Global coal imports heading for second year of ‘dramatic’ drops

The EIA says China and India are to blame, as imports from both nations — which from 2008 to 2013 accounted for 98% of the increase in world coal trade —are on their way down.

Cecilia Jamasmie | November 20, 2015 | 6:03 am

China admits to have killed 28 suspects on coal mine knife attack

The deaths of the alleged "terrorists" took place over a 56-day operation by security forces, the Chinese government said.

Cecilia Jamasmie | November 20, 2015 | 2:07 am

Caterpillar sales down again, almost three straight years

The biggest drops were in the construction sector in Latin America (-41%) and in the resources industry in Asia (-37%).

Cecilia Jamasmie | November 19, 2015 | 10:16 am

Indonesia probing allegations of extortion to Freeport-McMoRan by senior officials

The investigation aims to determine whether senior officials tried extorting Freeport’s Indonesian unit in return for letting the company continue to operate in the country.

Cecilia Jamasmie | November 19, 2015 | 6:15 am

Lonmin investors approve key $407m rights issue

The move will allow the platinum miner to restructure its debt and, it hopes, weather an ongoing decline of platinum prices.

Cecilia Jamasmie | November 19, 2015 | 5:01 am

Gold Fields deciding Ghana’s mine fate, as bullion prices dive

Its Damang mine in Ghana is struggling with current gold prices, the firm said.

Cecilia Jamasmie | November 19, 2015 | 3:50 am

Five miners rescued in Tanzania after 41 days trapped underground

They survived by eating roots, cockroaches and frogs, and drinking drips of muddy groundwater.

Cecilia Jamasmie | November 18, 2015 | 9:15 am

Ex-Massey Energy CEO’s fate in hands of West Virginia jury

Jurors have begun deliberating the fate of Blankenship, leader of the company that owned the Upper Big Branch mine at the time of a 2010 deadly explosion.

Cecilia Jamasmie | November 18, 2015 | 7:05 am

Suncor cuts oil sands output for 2016

Canada's dominant oil sands player, however, plans to spend about $900 million more next year.

Cecilia Jamasmie | November 18, 2015 | 4:45 am

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