November 24, 2015

Iron ore price hits record low

Chorus predicting iron ore in the $30s before the end of the year grow louder as Chinese buying dries up.

November 24, 2015

BHP hits fresh 7-year low as mud from Brazil disaster reaches Atlantic Ocean

The news came as the price of iron ore continues its month-long retreat, diving to a fresh 10-year low Tuesday to $43.69, according to The Metal Bulletin index.

November 23, 2015

RAB’s Philip Richards: Why a gradual bull market in metals is on its way

After five trying years, RAB Capital Founder and President Philip Richards sees the light at the end of the tunnel.

November 23, 2015

BSG Resources wins Rio RICO US court case

The unequivocal dismissal of the case with prejudice on Friday 20th of November 2015, by the Honorable Judge Richard Berman, bars Rio from re-pleading its case and represents a significant…

November 20, 2015

Goldman: Iron ore price to decline next two years

"Prices must overshoot relative to marginal production costs in order to trigger mine closures on a sufficient scale."

November 20, 2015

Judge throws out multi-billion dollar Rio lawsuit against Vale

Rio Tinto said Vale conspired to "steal" the Australian giant's massive Simandou concession in Guinea.

November 20, 2015

Commodity prices have not bottomed yet — Goldman Sachs

Unless demand picks up or more miners cut output, prices for raw materials are set to stay low for years, or worse, continue to drop, the investment bank predicts.

November 19, 2015

A brutal year for mine financing explained in just one chart

A miserable $400 million down from a high of $4.6 billion in 2012.

November 19, 2015

Chinese commodity trade barometer at record low

The Baltic Dry Index which tracks bulk shipping rates on more than 50 routes around the world drops to lowest since 1985.

November 19, 2015

Caterpillar sales down again, almost three straight years

The biggest drops were in the construction sector in Latin America (-41%) and in the resources industry in Asia (-37%).