February 5, 2018

Rio investors asked to push miner to leave Minerals Council of Australia

Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio’s upcoming annual general meeting.

February 2, 2018

Commodity boom has a dark side as cost creep erodes windfall

Mining and metal companies are rediscovering the downside of rallying prices: higher costs.

February 2, 2018

Sibanye-Stillwater trapped miners brought to surface safely

The National Union of Metalworkers of South Africa (Numsa) is demanding that Beatrix gold mine remains closed pending a probe and has asked the South African government to investigate why…

February 2, 2018

Goldman all but says the mining supercycle is back

“The environment for investing in commodities is the best since 2004-2008” – Goldman Sachs

February 1, 2018

Brazilian prosecutors say Anglo’s sale of Amapa iron ore shady

They also claim miner offloaded the asset to avoid paying for environmental damage caused by an accident at its floating dock, which killed six people and dragged vehicles, equipment and…

February 1, 2018

More than 900 Sibanye miners trapped underground, not in danger

Originally there were more than 1,000 miners stuck underground, but sixty-four were rescued overnight.

January 31, 2018

Zimbabwe to take over steelmaker’s $500 million debt

Zimbabwe plans to take on about $500 million of debt owed by state-owned steelmaker Zimbabwe Iron and Steel Company to allow company revival.

January 31, 2018

Brazil’s Vale expects to meet $10bn net debt goal by mid-2018

Speaking at an event in São Paulo, Schvartsman also said the recent rise in nickel prices should generate an additional $750 million in cash flow.

January 31, 2018

These are top-10 global mining trends expected for 2018

Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year.

January 30, 2018

Wood Mackenzie cuts iron ore price outlook as markets fall again

The UK-based research and consultancy group has dropped its price forecast to $63 a tonne or 12% below last year's average of $71 per tonne.