July 23, 2018

Debt financing doubles

"Not a typical financing vehicle for non-revenue generating exploration companies."

July 19, 2018

Australia’s South32 beats annual coking coal output guidance

Australian miner South32 Ltd beat its coking coal output guidance for fiscal 2018.

July 19, 2018

Miners wrote off almost one-third of investments over last decade

From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.

July 16, 2018

Four miners killed in Georgia in coal mine accident, officials say

The government will close the mine until an investigation is complete and it gets the conclusions of international experts.

July 13, 2018

Reduced head count, capex spending biggest contributor to mine efficiency mid-decade: McKinsey

To stay productive, McKinsey warns that miners must maintain fiscal discipline.

July 11, 2018

Five top mining execs. convicted over Turkey’s worst mine disaster

The sentences range from 15 to 22 years in jail for high-ranked executives.

July 9, 2018

Australia’s Yancoal halts Austar mine amid safety dispute

Yancoal said it will start standing down employees, and is aiming to redeploy most workers to other underground operations owned by the company.

July 9, 2018

Private equity firm to deploy $550 million into mining sector

Targeting close or ready for production.

July 8, 2018

South Africa mines minister delays finalisation of draft mining charter

Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top platinum producer.

July 5, 2018

Steel making raw materials hit multi-week lows in China on trade woes

Prices of steelmaking raw materials dropped to multi-week lows on Thursday as a festering trade row between China and the United States kept risk appetite low.