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.

June 17, 2015

Goldcorp sells off 26% stake in Tahoe to raise cash

The news came on the same day Royal Bank of Canada downgraded Goldcorp’s stock to “sector perform” from “outperform,” citing concerns over the miner’s ability to continue paying its monthly…

June 15, 2015

Goldcorp announces secondary offering of shares of Tahoe Resources

Gross proceeds of $998 million.

June 12, 2015

Rio Tinto mulls $300M writedown as uranium mine expansion cancelled

Operations ceased at Ranger in 2011 and the underground expansion project was the only hope of future mining at the site.

June 11, 2015

Peru mining investment down 14% on unrest, violence, low metal prices

Total for this year may be $7.7 billion, down from 2014's $8.7 billion and significantly lower than a record $10 billion in 2013.

June 10, 2015

Producers rally on soaring iron ore price

Iron ore rallies again after Vale CEO predicts 200 million tonnes of Chinese production shutting down and seaborne market growing to 1.44 billion tonnes.

June 9, 2015

South32 mulls writing down stake in South African manganese venture

It may reduce the value of its 60% stake in the Samancor Manganese joint venture, as it keeps furnaces shut due to low prices for the commodity.

June 6, 2015

Why Western Australia became the center of mine automation

The technology groups key focus.