February 1, 2016

Sibanye Gold shopping for new mines, possibly including base metals

The gold miner is expanding its portfolio to platinum, coal and uranium, as it also mulls an incursion in the base metals sector.

February 1, 2016

CHART: Gold price vs oil has never been this out of whack

For the first time since the height of the Seventies oil crisis and the end of the gold standard does an ounce of gold buy you more than 34 barrels…

February 1, 2016

Anglo American may fully exit Brazil — report

The company is said to be wanting to offload its Barro Alto nickel mine and the vast Minas-Rio iron ore complex.

February 1, 2016

Dev Randhawa: Fission CEO talks failed Denison merger, Chinese investment and uranium outlook 2016

The uranium price is a pure function of demand and the number of reactors in China is set to reach 38 by the end of this year.

January 31, 2016

U.S. coal for electricity plummets to 45-year low

The main culprit? Cheap natural gas.

January 29, 2016

Chinese miners rescued after 36 days trapped underground

Rescuers drilled two big holes into the tunnel to save the trapped miners, who were brought to the ground in a capsule.

January 29, 2016

Canadian miners can take Kazakhstan to court for seized assets, rules tribunal

Ruling opens door for international claims against Kazakhstan.

January 28, 2016

Caterpillar sees no signs of mining improvement

Quoting levels "very low" and machines already sold are not being put into service by mining companies.

January 28, 2016

Anglo American shares rally on iron ore output hike, cost-cutting measures

The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.

January 28, 2016

Anglo American and Lonmin heap pain on South African mining with 9,000 job cuts

Embattled miners have cut jobs in the face of plunging commodity prices, putting pressure on the South African government