March 4, 2016 Mining stocks in once-a-decade rally Friday's jump in copper and iron ore prices propel mining stocks to biggest weekly gain since 2008.
March 3, 2016 South African government, mining firms agree to delay 16,000 job cuts The deal also proposes facilitating the sale of struggling mines.
March 3, 2016 Joy Global posts bigger-than-expected loss as sales drop 25% Shares in the equipment and services provided soared almost 16% in early trading in New York.
March 3, 2016 Former Aussie coal magnate Nathan Tinkler officially bankrupt Once Australia's youngest billionaire, the electrician turned coal baron has failed to pay off his private jet and other debts and is now officially ruined.
March 1, 2016 Warning of another string of mining bankruptcies in 2016 Rate of corporate defaults could be double historical average going back to 1920 says new study.
March 1, 2016 Glencore swings to loss on write-downs and collapsing coal, metal prices The Switzerland-based mining and energy giant lost $5 billion in 2015.
February 29, 2016 Consol unloads Virginia coal mine for $420 million The sale leaves Consol will only have three mines in southwestern Pennsylvania and one site, the Miller Creek complex, in southern West Virginia.
February 29, 2016 Greenfield exploration in Australia picks up Total area drilled (in metres) climbed by 6.9% during the December quarter, with activity in areas of new deposits increasing by 29.6%.
February 29, 2016 China to axe 1.8 million coal, steel jobs As part of the government’s ongoing efforts to reduce industrial overcapacity.
February 29, 2016 Death toll from Russia’s mine disaster climbs to 36 as rescuers killed in new explosion The bodies of four miners were recovered after the initial disaster, but the remains of the six rescuers who died trying to reach the stranded miners are yet to be…
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am