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%).
November 18, 2015 Australian-owned iron ore mine in Norway files for bankruptcy The Norwegian mining subsidiary of Australia's Northern Iron Ltd will file for bankruptcy by the end of the day.
November 18, 2015 The collapse of commodities in one simple chart Year to date gold is one of the better performers, but rhodium comes off worst.
November 17, 2015 Iron ore price craters “The floor of this market is in the hands of the top five mining companies."
November 17, 2015 Cliffs to halt operations at Minnesota iron ore mine The move will help the cash-strapped coal and iron ore miner to continue operating for the short term.
Copper price nears $13,000 on tariffs woes, supply strain Mine outages, tariff risks and tight supply push copper toward a milestone despite weakening Chinese demand. December 29, 2025 | 05:51 am