May 10, 2016

A mea culpa for not recognizing the 2011 resource bubble

"But, alas, I was fooled."

May 10, 2016

BHP resumes expansion plans, says not waiting for prices to recover

Strategic shift comes as the world's biggest miner tries to regain investors' confidence.

May 9, 2016

Major correction underway for mining stocks

Monday mayhem as metals rally evaporates and mining's top names are dumped – Anglo's losses since a week ago now 28%, Freeport has plunged 25%.

May 9, 2016

Glencore buys major stake in troubled Aussie iron ore miner

It now owns 8.47% of Atlas Iron, which gives Glencore direct exposure to iron ore production.

May 8, 2016

Goldman puts iron ore at $40 by year-end

Goldman Sachs says iron ore will keep dropping throughout 2016, though not as much as it initially forecast, citing continued oversupply as the primary culprit.

May 6, 2016

Worst week for iron ore price since October 2011

Rout continues ahead of crucial Chinese import data.

May 5, 2016

Iron ore price drops below $60

Down 9% since Monday as Chinese speculators pull out and Rio Tinto CEO warns of oversupply.

May 4, 2016

BHP, Vale disaster turned into mining’s Deepwater Horizon

Shares in mining giants tumble after civil suit in Brazil claims $43 billion in damages based on clean-up costs associated with BP's oil spill in the Gulf.

May 4, 2016

Metso to provide crushing-screening plant and life cycle services to Tata Steel’s Sedibeng iron ore mine in South Africa

The delivery includes a five-year Life Cycle Services contract, which will bring Sedibeng increased production capacity and reliability while reducing production costs.

May 3, 2016

Diamonds add sparkle to Anglo’s improving outlook

Moody's praises higher than expected valuation for the sale of the niobium, phosphate businesses and improving prospects for the global diamond market.