March 17, 2016

Adani $12 billion Carmichael coal project closer to lease

If built, Carmichael would be Australia's largest coal mine.

March 15, 2016

Iron ore price correction in full swing

Big drop on Tuesday brings decline for the week to 18%. Market in deep backwardation spells more volatility ahead.

March 14, 2016

Anglo American CEO’s pay fell 8% in 2015

The pain at Anglo American (LSE:AAL) has finally reached the corner office.

March 14, 2016

Cliffs to re-open Minnesota mine

Recalling 540 workers at Northshore Mine on signs of US steel industry revival following anti-dumping measures.

March 11, 2016

Australia jails former Hanlong boss Xiao for insider trading

He had pleaded guilty last year to conducting 102 illegal trades related to two Perth-based companies, Sundance Resources Ltd. and Bannerman Resources

March 11, 2016

BHP, Vale to reopen Samarco mine later this year

They have already taken the first steps towards resuming activity, applying for permission to use old mining pits to store tailings.

March 9, 2016

PDAC 2016 Convention exceeds 22,000 attendees

Optimism and opportunity abounded at the PDAC 2016 Convention of The Prospectors & Developers Association of Canada in spite of recent industry challenges, indicating a positive shift in sentiment amongst…

March 8, 2016

Vale-Fortescue iron ore pact a win-win deal — analysts

Long-term, the deal could be viewed as the first step of a more disciplined approach to iron ore supply by aligning two of the world’s “big four” producers of the…

March 8, 2016

Goldman rains on everyone’s parade, says commodities rally won’t last

The recent surge in prices of gold, oil and other commodities has come prematurely, says the bank, arguing that lower prices are needed for markets to rebalance.

March 7, 2016

Top 5 iron ore firms value shoots up $62bn in just five weeks

Riding a rocketing iron ore price, market cap of Vale, Rio Tinto, BHP Billiton, Fortescue Metals and Anglo American gain a combined 54% since early February.