June 7, 2016

2016 metals, mining outlook darkens

World Bank revises down growth rate for commodity exporting countries to just 0.4%, predicts 15% decline in metal prices this year.

June 7, 2016

Top miners squandered $200 billion during boom

Capital spending by the world's largest miners since 2010 amounted to $632 billion – 32% of which has now been written off says new report.

June 7, 2016

Chinese mining companies feel misled by Canada, report says

An internal report by Ottawa's ambassador to Beijing details a raft of complaints from the China Mining Council about the unwanted surprises some mining companies encountered in Canada.

June 7, 2016

US government expected to green-light first private Moon mission

An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works.

June 6, 2016

Commodities storming back into bull market

Most analysts believe the commodities market has turned a corner and that prices are unlikely to return to lows seen in the past year.

June 6, 2016

Coal rides commodities rally in push to 10-month high in Europe

The fuel has rallied 50% since February, when it plunged to the lowest since at least 2007.

June 2, 2016

Low coal prices force Glencore to shut Australia’s Tahmoor mine

About 350 people will lose their jobs when the mine closes in early 2019.

June 2, 2016

Joy Global surprises with quarterly profit, shares jump

The results, which surpassed Wall Street expectations, come on the back of a modest increase in service sales and aggressive cost cuts.

June 1, 2016

Brazil’s mining sector to recover lost ground as iron ore, metal prices stabilize

Higher gold prices will push miners to restart or speed up development of projects, leading a fresh wave of mergers and acquisitions in the country, according to BMI Research.

May 31, 2016

CHARTS: Brutal May for metals and miners

A sharp reversal in metals and minerals prices during May see top mining companies shed billions in market value.