March 20, 2015

A “wave of bankruptcies” about to hit coal industry

The future for the coal industry is looking “increasingly bleak,” according to an investor’s note from Macquarie Research.

March 20, 2015

China claims coal mine deaths down to record low

Coal mine fatalities in China dropped almost 87% to 931 last year from more than 7,000 casualties registered in the sector in 2002, according to official figures recently disclosed.

March 18, 2015

No end in sight for mining sector gloomy state: report

The first two months of 2015 failed miserably to dispel gloomy market conditions affecting the global mining industry, according to a study published Wednesday.

March 18, 2015

Why Goldman Sachs is wrong about commodity prices: Philip Richards

In this interview with The Mining Report, Richards discusses his outlook for oil, gold, vanadium, zinc and nickel, and profiles companies with projects that will see the light of day…

March 18, 2015

Foresight deal would land Murray Energy at top of US coal’s two hottest basins

Murray Energy plans to expand its footprint in the U.S. coal sector's other geographical hot spot with a major $1.40 billion investment in Illinois Basin-producer Foresight Energy LP.

March 17, 2015

Coal, iron ore prices unlikely to rise until at least 2016

Westpac’s chief economist says with demand out of China unclear coming into the New Year, and high volumes of iron ore being exported to the country, price volatility will continue.

March 17, 2015

Wood Mackenzie: Nearly 17% of US coal production uneconomic at current market pricing

Close to 17% of forecast 2015 US coal production is at risk of idling or closure, totalling 162 million short tons (Mst), as these mine's total cash costs plus sustaining…

March 17, 2015

Selectivity and patience: Resource investing today

Spread your dollars amongst takeout candidates, major miners, and juniors with the best odds of outperforming when the markets start to move. Then wait.

March 16, 2015

BHP’s South32 spinoff to cost $738m

Board proposes to give shareholders one share in the $12bn spin-off company for every BHP share owned, but the whole process comes with hefty fees.

March 16, 2015

After Finland buy, fund seeks met coal, base metal mines

Former Anglo-exec running hedge fund's mining business wants to follow up Talvivaara nickel acquisition with zinc, nickel, copper and coking coal deals.