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.
July 5, 2018 Thermal coal prices hit 6-year high Seaborne price for coal used in electricity generation scales $120 a tonne as South Africa diverts exports for domestic use and Asian demand spikes.
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
