July 1, 2015 Iron ore falls below the $60 mark again The value of the commodity has fallen by about 35% over the latest 12-month period, hitting Australia’s economy harder than expected.
June 30, 2015 Copper price falls as Chile brings over 500,000 tonnes in line Production of the industrial metal jumped up 7.8% in May, when compared to April’s figures,despite dwindling ore grades in several of the country's aging copper mines.
June 30, 2015 Davis’s X2 Resources goes after Rio’s coal assets in Australia Negotiations between the parties, still at an early stage, are said to have generated solid interest from both sides.
June 29, 2015 BHP tipped as favourite in race for Barrick’s Zaldivar mine in Chile BHP already operates the world’s largest copper mine, Escondida, which sits, quite literally, across the road from Zaldivar.
June 26, 2015 Paragon Diamonds sees at least $160m in revenue from Lesotho mines The miner, which does not yet generates any income, expects to kick-off production at its Lemphane and Mothae mines later this year.
June 26, 2015 Rio Tinto sells Murowa diamond mine and leaves Zimbabwe The company, however, said it remained committed to the diamond industry.
June 25, 2015 BHP cuts another 140 jobs over abandoned Olympic Dam expansion plans The cuts at the Adelaide support office for the Olympic Dam operations come about six months after BHP scrapped about 90 permanent positions and 210 contractor jobs.
June 24, 2015 Iron ore prices hit six-day highs, but rally won’t last say experts Analysts from Goldman Sachs, Citi and ANZ predict prices will drop again below $50 a tonne.
June 22, 2015 Zijin goes after Aussie gold miner in overseas buying spree The Chinese firm already mines gold next door to a Phoenix deposit.
June 19, 2015 Rio Tinto sees ‘a few years of reduced consumption of new steel’ The old cycle is playing out again.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
