April 13, 2017

British scientists find sub-sea minerals treasure trove

They have found valuable minerals atop an underwater mountain, which is basically a huge flat-topped mound of some of the scarcest materials on Earth.

April 12, 2017

Iron ore, copper price plunge brings carnage to mining stocks

Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.

April 12, 2017

BHP brands Elliott’s overhaul proposals as flawed, costly

Activist investor Elliott's proposals to break up BHP are riddled with “major flaws” and could end up costing far more to implement than they would save, the company said.

April 12, 2017

Iron ore market keeps getting uglier — prices at lowest since November

The commodity is now trading below $70 a tonne and has just suffered its largest one-day percentage decline in over a year.

April 11, 2017

Water scarcity, pollution to take shine off Latin American mining sector

In addition to raising costs for miners and delaying certain projects, the focus on the amount of water used by the extraction industry in the region will boost social pressure…

April 11, 2017

BHP Billiton to escalate defence from Elliott with Goldman’s help

Analysts expect BHP to argue that a demerged petroleum business would need to fund offshore growth projects by raising debt. It may also contend that a stand-alone division won’t have…

April 10, 2017

Iron ore prices keep falling despite a decrease in China’s inventories

After a 85% rise in 2016, iron ore prices are now down 3.2% so far this year, which has placed the commodity in a bear market.

April 10, 2017

BHP rejects activist fund Elliott urge to spin off US oil assets

Company says the associated risks of spinning off about $22 billion of its US oil assets and listing them in New York would significantly outweigh any potential benefits.

April 9, 2017

Alderon offers $1 million for part of Wabush Mines to use as tailings disposal for Kami

Alderon Iron Ore Corp. will purchase assets related to the Scully Mine for the purpose of disposing tailings produced from its flagship Kami project

April 7, 2017

Coking coal price close to $300 a tonne on Australian disruptions

Coking coal prices gained 86% to $283.10 a tonne this week, the biggest gain in four years.