July 19, 2016

BHP’s copper output to bounce back

World's top miner expects to produce 1.7 million tonnes in 2017 as output at giant Escondida mine jumps 9%.

July 19, 2016

Ugly week for iron ore price

Down 6.3% over five trading days.

July 19, 2016

Mick Davis to overhaul X2 Resources as fund fails to close any mining deal

Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.

July 18, 2016

Did $78 billion South African gold exports really go missing?

According to a UN report, since 2000 two-thirds of South Africa's gold exports – mostly to India – did not appear on its trade partners' books.

July 18, 2016

Mount Gibson’s new iron ore mine in Australia closer to final approval

The approval of Iron Hill mine would the iron ore producer to remain in business for another two to three years.

July 14, 2016

BHP unlikely to reopen Samarco this year amid Brazil’s criminal probe

The firm said about 40% of its Brazilian workforce would take voluntary redundancy to reflect reduced production.

July 12, 2016

Iron ore skyrockets to nearly $60 per tonne

Chinese import price for 62% iron content fines at the port of Qinqdao rose 6.7% to $59.38 a tonne, the largest one-day percentage increase since April 21.

July 11, 2016

Gold price rally helps producers climb world’s top 25 mining companies list

Study shows there are more bullion miners among higher market capital ranking of mining companies in second quarter of 2016 than a year a go.

July 8, 2016

Australia slashes iron ore price forecast 20%

Dept of Industry says loss-making mines are staying open for longer than expected aggravating oversupply.

July 8, 2016

BHP Billiton’s Olympic Dam set to reach highest copper production in a decade

Red metal production at the copper-uranium mine is expected to hit around 230,000 tonnes by 2021, but there is potential for up to 450,000 tonnes per year.