Peabody swings to loss as coal prices plunge
While coal sales have shown some signs of a rebound, low natural-gas prices continue to pressure the fossil fuel demand and pricing.
Cecilia Jamasmie , Editor-in-Chief
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One of these five companies will run the gold fix
Broker Autilla Ltd (Sapient), the Chicago Mercantile Exchange jointly with Thomson Reuters, U.S. derivatives bourse Intercontinental Exchange, the London Metal Exchange and broker ICAP's online platform EBS will present their proposals this Friday.
Mining investment in Kazakhstan to reach $30bn by 2017
The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.
Chilean authorities divided over Goldcorp’s $3.9bn El Morro mine
The country’s environmental authority criticized the Top Court decision saying the miner conducted proper consultation with local indigenous groups and shouldn’t have to do it again.
Vale to ditch 20% of its nickel assets in Indonesia
The agreement signed with Indonesia’s outgoing government also means higher royalties to be paid by the firm.
Platinum, palladium price-setting technology ‘optimum’ for gold: LME
The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.
Cliffs the newest victim of iron ore price slump: to take $6bn charge
The miner said the move was driven by its revised pricing outlook and adverse market conditions.
Chile’s copper exports down 21% in August
The drop was mainly due to reduced shipments from Codelco and Collahuasi, official figures show.
Renewables would boost First Nations’ support for mining in Ontario: poll
About 71% of the Northern Ontario First Nation community residents surveyed believe the provincial government is not doing enough to promote renewables.
Brazil’s iron ore giant MMX seeks bankruptcy protection
Ex-billionaire Eike Batista’s main mining unit became the third of his companies to file for bankruptcy protection in a year.
Panama moves to unlock copper from First Quantum mine
Commerce and Industries Minister may approve by Tuesday exports of already mined ore from Cobre Panama’s stockpiles.