December 14, 2016

Atlas Copco to coordinate EU initiative for Sustainable Intelligent Mining Systems

Atlas Copco Rock Drills AB has been named coordinator of the European consortium on Sustainable Intelligent Mining Systems (SIMS). This mining industry initiative is funded by Horizon 2020, the biggest…

December 12, 2016

Bill Gates bets on clean energy with $1 billion fund

The goal, in Gates’ own words, is to build companies that will help “deliver the next generation of reliable, affordable, and emissions-free energy to the world.”

December 12, 2016

Mining must “court” US judiciary as NGOs file more lawsuits

The Trump Administration will find it difficult to use the stroke of a pen to overturn policies and regulations pertaining to climate change, endangered species, and other key issues according…

December 11, 2016

China bans North Korean coal- but only till January 

Fresh UN sanctions against North Korea aimed at punishment for a nuclear test in September will be honoured by China, the reclusive regime's most important trading and diplomatic partner.

December 9, 2016

Fresh shake-up at Rio Tinto in aftermath of bribery probe

Russian-Canadian Vera Kirikova will become human resources group executive while Simone Niven will assume the corporate relations group executive post.

December 8, 2016

Coking coal price savaged – biggest drop in 17 months

Just as quarterly benchmark negotiations between miners and Japanese steel mills kick off, the coking coal price comes off the boil.

December 8, 2016

Anglo American about to make key decision on South African assets sale

While the miner is not longer being pressed to include its platinum assets in the divestment plan, the issue of how to package mines and which ones to include, remains…

December 8, 2016

Protectionist Trump policies to crash dollar, gold and bitcoin to soar

Many people seem to think Trump is going to "fix" the US by invoking the isolationist, nationalist, and oft failed economic policy of protectionism.

December 7, 2016

Huge jump in Chinese iron ore, coal imports

At 92 million tonnes November iron ore imports were the third highest on record, while China's coal imports doubled during the month from a year ago.

December 7, 2016

Iron ore price surges to 27-month high

"Iron ore is weird because the inventories are very high in China and it's got to be pure spec flows."