December 7, 2015 Iron ore price reaches Sam Walsh ‘fantasy land’ Back in February RIo Tinto's CEO said an iron ore price in the $30s could never happen.
December 7, 2015 Adani wants opposition to its coal mine in Australia to be over by law The company wants an "indisputable and final" go-ahead for Carmichael, considered Australia’s largest thermal coal project ever.
December 7, 2015 More than 400 jobs to go at South32 manganese mine in South Africa The country's largest mining union said it had received notice from South32 about the planned cuts and wants the government to intervene.
December 7, 2015 Glencore axes jobs, coal output at Australia’s mine as price collapses The company will start cutting nearly 80% of its workforce at its Collinsville coal mine in March next year, as it dials back mining at the site.
December 7, 2015 Responding to a depressed mining market The immediate reactive response from most mines is to cut: cut costs, cut employee numbers, and cut output.
December 4, 2015 Anglo American set to announce dividend cut next week One of the miner’s worst kept secret may be revealed as soon as Tuesday.
December 4, 2015 Down again: iron ore sinks below $40 a tonne It hit $39.40 a tonne, the lowest price ever recorded by price assessor The Steel Index (TSI), which began compiling data in 2008.
December 4, 2015 China’s steel giants lost $11 billion in first 10 months of 2015 That is more than double the profits reaped in 2014.
December 4, 2015 Rio’s secret weapon for a sub-$40 iron ore price The price of iron fell again on Thursday stopping barely above $40 a tonne, but Rio's new high-grade Pilbara mine will ensure its costs keep falling.
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am