November 10, 2016

Trump sends iron ore price to 2-year high

Another surge on Thursday takes iron ore to two-year high, up 11% since the US election – Cliffs stock soars 21%.

November 9, 2016

Coal, oil industries see brighter future after Trump victory

He has promised to ease regulations on the coal and oil sectors, and pull the US from global agreements aimed to curb climate change.

November 7, 2016

Chinese coking coal futures hit the roof

The most-traded coking coal for January delivery on the Dalian Commodity Exchange soared 10% to 1,516 yuan ($224) a tonne, a record high.

November 4, 2016

South32 scoops up Peabody’s Metropolitan coal mine in $200m deal

The deal includes a 17% interest in the Port Kembla Coal Terminal, south of Sydney.

November 4, 2016

CAT and Trimble to strengthen mining technology collaboration

As part of the deal, CAT is expected to become the primary sales, marketing, distribution and support channel for Trimble’s Connected Mine platform.

November 4, 2016

6 reasons coking coal price will tank

Number 1: Producers have negotiated quarterly contracts $70 below the spot price.

November 3, 2016

Luxembourg shoots for the stars, invests $28 million in Planetary Resources

The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.

November 3, 2016

Glencore did better as commodity trader than miner in Q3

While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.

November 2, 2016

Coal price rally bypassing US miners

As seaborne coking (up 227% year-to-date) and thermal coal (up 128%) continue to rally, decline in US domestic prices, exports resume long-term down trend.

November 1, 2016

Glencore to reopen yet another coal mine in Australia

The move comes only a few days after it resumed operations at Collinsville mine in Australia's Queensland state.