December 11, 2015

World’s first seafloor miner inks copper sales deal with Chinese customer

The new agreement replaces a previous three-year contract that would have seen Nautilus supplying 1.1 million tonnes of unrefined copper ore to Tongling Nonferrous Metals Group.

December 9, 2015

Western Australia Iron Ore Overcoming Productivity Challenges

Immersive Technologies has released details on improvements their customers are achieving in Western Australia. Among the results reported are improvements in cycle times, production, time between machine failure and savings…

December 8, 2015

In January this guy launches a hedge fund to invest in metals

Orion's Oskar Lewnowski: "For a long time, metals were driven by financial flows... With those guys out, we are back to fundamentals."

December 8, 2015

Chinese commodity demand: Crisis. What crisis?

In volume terms Chinese imports of commodities led by iron ore and copper surged 17% in November, the best month in nearly two years.

December 8, 2015

Anglo American to cut 85,000 jobs, dividend and assets in sweeping restructuring

The job cuts, part of a major overhaul, are far greater than the 53,000 positions the miner said it would cut in July.

December 8, 2015

Rio Tinto axes spending forecast by $1.5 billion

Once again the world's second largest mining company has cut its spending forecast for 2016, as iron ore hit new lows.

December 8, 2015

Year-end inflection points: Dead ahead

It’s widely expected that the ECB and US Fed will drift even further apart in their basic policy stances this month.

December 7, 2015

Australia’s convention showcases emerging technologies for the mining sector

Aiming to become the premier technology innovation event for the resources sector in Australia, Unearthed Demo Day will showcase some of the sector’s most exciting technology startups and facilitate a…

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.