Sign of the times: Western Australia selling $4.1bn in assets as mining revenue drops
The sell-off includes the state's largest general cargo port, Fremantle.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Global gold demand drops 1% in Q1, but investments jump — report
Once again Asia drove demand, with China and India alone accounting for 54% of the total.
US coal-fired plants retiring to peak this year — study
SNL says the closures represent about 4% of installed coal capacity in the U.S. and it will make up a third of nationwide coal plant retirements between 2010 and 2015.
Copper, nickel prices likely to be hit by El Niño event
The recurring phenomenon — a warming of the Pacific Ocean as part of a complex cycle linking atmosphere and ocean — has in the past affected mine output, triggering price spikes.
Giving up on iron ore best option for Anglo American — Investec
The bank says Anglo could use the funds it gets for dividends and to invest in its much stronger sectors, copper and diamonds.
Protester shot dead in third day of unrest at S. Africa’s mine
The incident happened when South African police allegedly clashed with protesters near Atlatsa Resources’s Bokoni platinum mine.
De Beers paid only $226 in royalties for its Ontario mine last year— report
The thrifty amount compares to the almost $3.9 billion the government of Ontario received from the salt sector in the same period.
Patriot Coal files for bankruptcy, in talks to sell all assets
The US coal miner listed assets and liabilities of more than $1 billion each in court filings.
Glencore CEO says rivals pushing mining sector into confidence crisis
Ivan Glasenberg has once again slammed his competitors, who he accuses of damaging the credibility of the mining industry.
This is how BHP plans to be the world’s lowest-cost iron ore miner
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.
How 2026 will reshape the US critical mineral resilience
Emerging federal activity shows two key themes: growing support for high-risk minerals and renewed focus on domestic processing technologies.
