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.

November 17, 2015

Brazil mine accident puts tailings ponds safety back in the hot spot

Until early November, the failure at the Canadian Mount Polley copper mine had been the worst such breach in recent years.

November 17, 2015

Mining company in Brazil says two other dams at risk of breaching near earlier deadly dam burst

Two more dams at the iron ore mine that suffered a dam breach earlier this month are at risk of bursting and are undergoing emergency repairs, mining company officials said…

November 17, 2015

Rio Tinto to close Queensland coal mine if extension gets rejected

The company said that extending Kestrel, its only underground coal operation, would add 20 years to the mine’s life.

November 16, 2015

Vale: ‘Several years’ to recover from Brazil mine disaster

Mine waste has oozed 440 kilometres downstream and now covers two states.

November 16, 2015

Caterpillar: Supercycle China isn’t coming back

Sales of excavators expected in China for entire 2015 is fewer than the total in March 2011 alone.