June 13, 2016 Major mining assets change hands after commodity rout Large mining companies are selling off some of their prized assets after the prolonged global commodities markets rout left some with high levels of debt.
June 10, 2016 Police investigation finds BHP-Vale Brazilian venture at fault for dam collapse Eight executives will also face charges, although the police did not disclose their names.
June 9, 2016 BHP’s South Flank to go up against S11D, Silvergrass Number three iron ore miner looking at options to replace 80 million tonnes capacity on its way to 290 million tonnes annually.
June 9, 2016 Australia recovers lost ground, named world’s top mining investment destination Canada slipped in the Fraser Institute’s global ranking, while Chile remains the most attractive jurisdiction in Latin America.
June 8, 2016 Study of private investors shows how risky mining can be For private capital mining and metals is the riskiest natural resources sector – but only energy beats the returns.
June 8, 2016 China on track to import 1 billion tonnes of iron ore this year Chinese import volumes jumped 22% in May compared to last year giving support to iron ore price back above $50 a tonne.
June 8, 2016 Afghanistan deploys security forces in large illegal mining crackdown The country lost at least $27.5 million in revenue from lapis lazuli between 2014 and 2015. In contrast, armed groups earned about $20 million just in 2014.
June 7, 2016 Iron ore jumps to two-week high Firmly back above $50 a tonne as miners' cost deflation eases.
June 7, 2016 2016 metals, mining outlook darkens World Bank revises down growth rate for commodity exporting countries to just 0.4%, predicts 15% decline in metal prices this year.
June 7, 2016 Top miners squandered $200 billion during boom Capital spending by the world's largest miners since 2010 amounted to $632 billion – 32% of which has now been written off says new report.
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