June 25, 2014

Australia slashes iron ore outlook on increased supply

The world’s largest iron ore exporter has cut price estimates for this year and 2015.

June 25, 2014

BHP abandons planned Canada’s Jansen potash export facility

The exclusivity agreement, which expired last week, would have given BHP the right to develop a potash port close to its Jansen project.

June 24, 2014

BHP mulls further job cuts

Up to 3,000 jobs could be axed from BHP's flagship iron ore division, where 500 jobs have already been lost.

June 23, 2014

Colombia’s coal output recovering fast — up 33.8% in Jan-March

Total coal exports, however, fell 13.1% in the quarter, from 17.4 million tons in the first quarter of 2013 to 15.1 million tonnes in the same period this year.

June 23, 2014

Mongolia says Rio Tinto owes $130 million in Oyu Tolgoi unpaid taxes

The long-dragged dispute between Rio and the Mongolian government over a $6.6 billion underground expansion of Oyu Tolgoi has hit a fresh impasse.

June 19, 2014

Australia’s mining jobs running dry as sector growth slow

The country's mining industry has lost 6,600 workers in the three months to May.

June 19, 2014

Mexico is now Latin America’s most expensive mining jurisdiction

Cost of mining and exploring for gold and silver in the country has increased 13% and 20%, respectively, over the past year.

June 18, 2014

Antofagasta creates one of Chile’s largest private copper miners

Minera Centinela will focus on an emerging mining district in copper-rich Chile's north.

June 17, 2014

Freeport, Indonesia make headway towards settling copper exports impasse

The parts agreed on basic framework for contract renegotiations for Grasberg mine.

June 16, 2014

Iron ore price crashes through $90

Iron ore and steel prices are approaching levels last seen during the height of the financial crisis.