June 15, 2016 China’s exhausting its gold reserves at 5 times the global rate New report shows China extracted nearly one fifth of its gold reserves last year – the global gold production to reserve ratio is only 3.8%.
June 15, 2016 Gold, copper price jumps spark major mining stocks rally Broad-based advance for mining majors as gold price touches $1,300, iron ore holds $50 and copper price surges 4%
June 14, 2016 $5.8 billion lawsuit over BHP-Vale disaster dismissed Companies still face another much bigger civil action over November's deadly tailings dam burst at its Samarco iron ore mine in Brazil.
June 13, 2016 CHART: Metals, mining stocks outperforming all others Gold is up more than 20% in 2016 but gold mining equities have doubled and the sector as a whole has returned 53%.
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.
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