October 25, 2016 Anglo American soars on positive production report Shares were up more than 5% after the firm posted higher output across all divisions, except for copper, and said market conditions for its diamond business had improved.
October 25, 2016 Vale, BHP iron ore venture can’t pay creditors Brazil's suspended iron ore producer Samarco misses another payment on its $3.8 billion debt as it struggles to stay afloat following deadly dam burst.
October 25, 2016 Caterpillar axes sales forecast, warns factors depressing orders could linger While quarterly earnings beat analysts expectations, revenue fell short of estimates and CAT also lowered its full-year guidance.
October 24, 2016 Caterpillar rally hindered by fresh drop in sales The world’s largest heavy machinery maker has logged a 18% drop in global sales of machinery for the three-month period ended in September.
October 24, 2016 Mining robots key to colonizing Mars — Elon Musk He envisions people living in big glass-carbon fiber domes on the surface, with additional areas mined out below the surface by robots for "industrial" uses.
October 20, 2016 Brazil charges 21 people with homicide in Samarco disaster If convicted, accused executives could face sentences of between 12 and 30 years in prison.
October 20, 2016 Rio Tinto to ship less iron ore despite increased demand from China Smaller rival Fortescue Metals went the opposite way — it increased iron ore exports by 5% in the Sep. quarter.
October 20, 2016 2017 not so good for nickel: BMI BMI predicts that in 2017 nickel prices will start to moderately decline, as the global market moves into 27.2 thousand tonnes surplus.
October 20, 2016 BHP Billiton to lose chairman Jac Nasser next year He said he had intended to announce his retirement last year but chose to stay on while BHP dealt with the aftermath of the Samarco mine disaster in Brazil.
October 19, 2016 World’s largest miner wants 50 pct of workforce to be female by 2025: report "We challenge dated stereotypes about jobs in the resources industry.”
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
