February 16, 2016

These are the assets Anglo American is kicking to the curb

The miner is completely exiting coal and selling several assets, to focus only on copper, diamonds and platinum.

February 15, 2016

Iron ore price surges

Strong Chinese iron ore imports spark 5.6% jump in the price and puts iron ore firmly back in a bull market.

February 15, 2016

Anglo American debt down to junk, outlook negative

Moody's worried about company's bulk portfolio, especially iron ore, while its radical restructuring "faces high execution risk".

February 12, 2016

World’s largest mining project takes $1 billion hit

Rio Tinto swung into a huge loss after writing down the value of its gigantic West Africa iron ore project, but that doesn't mean it's being abandoned.

February 12, 2016

Thousands of Australian shareholders to benefit in exploration tax offsets

Australia has kicked off its Federal Government`s Exploration Development Incentive (EDI) programme.

February 12, 2016

Brazilian court blocks assets of Vale and BHP worth $120 million

The ruling seeks to ensure payment of damages related to a deadly dam rupture at a jointly owned iron ore mine in early November.

February 11, 2016

Rio Tinto swings to loss, blames metal prices slump

The world’s second biggest mining company has scrapped its dividend policy as a result.

February 10, 2016

Congo gives up plans to change mining code

The move could have driven away investors at a time of historically low commodity prices and energy shortages that are driving down output in the country.

February 9, 2016

Mining services’ life support running out in Australia

This year is shaping as a tipping point that will see company collapses increase, insolvency and industry experts say.

February 5, 2016

Mining among unhappiest industries to work in — study

Experts looked at over 500,000 survey responses from over 60,000 employees in 13 different industries worldwide.