July 11, 2016

Thermal coal price hits 10-month high as Chinese buyers snap up cargoes

A crackdown by the Chinese government on surplus thermal coal has had a knock-on effect on the price.

July 11, 2016

Gold price rally helps producers climb world’s top 25 mining companies list

Study shows there are more bullion miners among higher market capital ranking of mining companies in second quarter of 2016 than a year a go.

July 11, 2016

Sibanye may close loss-making Cooke 4 mine, puts 2,500 jobs on the line

The company said financial losses at the mine threaten the viability of the rest of the Cooke operations, which include four mines and three processing plants.

July 8, 2016

Deutsche Bank ditches coal investments

The German banking giant is the last lender to pull back from the embattled coal sector.

July 7, 2016

Alpha Natural Resources, Arch Coal near bankruptcy exit deals

Alpha, which filed for bankruptcy in August last year, is scheduled to ask a federal judge Thursday to approve its exit plan despite objections to it.

July 6, 2016

Chinese fund eyes Glencore gold mine in Kazakhstan

China’s state-backed Silk Road Fund is said to be considering a joint $2 billion bid with China National Gold Group for the Vasilkovskoye mine.

July 5, 2016

INFOGRAPHIC: Silver skyrockets post-Brexit, energy is back!

Energy had an impressive comeback in Q2, with natural gas and oil being the best performing commodities of the quarter.

July 4, 2016

Rio Tinto sells its Blair Athol coal mine for less than a bus ticket

The Blair Athol mine, closed in 2012, would be the second Australian coal asset in a year to be sold for just A$1.

July 4, 2016

Global mining equipment market to reach $156 billion by 2022 — report

Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.

July 3, 2016

Sweden sells its German coal mines

The Swedish government has endorsed a plan by a state-owned enterprise to sell its four German coal mines and assets to Czech investors.