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…

February 26, 2016

Coal mine explosion in Russia kills 4, 26 missing

About 110 coal miners were underground when a seismic jolt caused part of the structure to collapse late Thursday.

February 25, 2016

South32 looking for assets despite $1.75bn loss, massive layoffs

Despite the loss and a 94% drop in earnings, analysts believe the company's modest debt of $116 million makes it well-positioned to act on opportunities.

February 24, 2016

‘Several years’ of iron ore bear market behind Rio downgrade

Moody's takes Rio Tinto's credit down a notch to below A-rating with a negative outlook.

February 24, 2016

Galway Gold mulls legal escape to Colombia’s mining ban in paramos

The junior miner said the ruling not only forces it to halt operations, but it also blocks it from transferring the project, as the mining permit will no longer be…

February 23, 2016

Canada’s Ontario the slowest to issue exploration permits — report

Growing wait times for permits may hinder Canada's ability to take advantage of its considerable mineral potential, warn experts.

February 23, 2016

Noble Group to post loss on coal price collapse

Asia's biggest commodities trader by volume is on track to record its worst annual performance since its 1997 Singapore listing.

February 22, 2016

BHP cuts divvy first time in 27 years, shakes up executive

Iron ore and petroleum division heads to leave world number one miner after $5.7 billion loss in six months.