July 9, 2015

Iron ore prices: the worst is yet to come

Despite the rosy outlook from Australia’s top iron ore producers, they are all facing staggering demand from their biggest customer — China.

July 9, 2015

Chile’s Codelco to issue $2.5 billion in bonds amid copper prices collapse

Though very few talk about it, Codelco is still suffering the consequences of a deal it signed with China's Minmetals back in 2006.

July 8, 2015

BHP, China Moly in final stretch for Barrick’s Zaldivar

Zaldivar is across the road from BHP and Rio Tinto's Escondida in Chile, the world's largest copper mine.

July 7, 2015

China panic crushes mining stocks

Billions wiped from mining sector as gold, silver prices fall and copper, iron ore prices plummet to 2009 levels amid Chinese stock market collapse.

July 7, 2015

Aussie state change to mining rules could block planned projects — industry

But New South Wales says the proposed amendment would give social and environmental issues equal standing with the economic in decision making.

July 6, 2015

Mongolia to sell stake in its giant Tavan Tolgoi coal mine

The move is part of a plan to sell the government's holdings in 10 state-owned companies over this year and next to boost foreign investment and revive growth.

July 3, 2015

Iron ore hits four-month low

As fresh reports provided further evidence of a slowing Chinese economic and consequently increasing stock piles up at its ports.

July 3, 2015

China’s rate cuts to slow copper demand even further — report

China's central bank commitment to ensure policy remained prudent this year may mean no more monetary stimulus, which could see copper demand growth slow further.

July 2, 2015

Chile gives copper giant Codelco much-needed $225 million cash injection

The funds will come from the company’s own 2014 profits, as the state-owned miner gives its profits to Chile's government.

July 2, 2015

Anglo American laying off up to 20% of its staff as investors press for further savings

Cuts likely to be announced at the end of the month, when the miner is set to publish its first-half results.