July 22, 2015

BHP Billiton beats iron ore guidance, takes copper write-downs

The world's No.1 miner will continue boosting its iron ore output, adding to a global glut and keeping pressure on prices.

July 21, 2015

Kumba grapples with double whammy

Kumba Iron Ore’s board has put a halt to paying a dividend in the half year to June and has moved to overhaul its operations as it grapples with a…

July 20, 2015

Salman Partners economist calls bottom in copper

Not a typical cycle.

July 16, 2015

Anglo American to write down up to $4bn on weak commodity prices

This would be second multi-billion dollar impairment charge Anglo takes this year on its coal and iron ore assets.

July 16, 2015

Planetary Resources’ first spacecraft begins testing asteroid prospecting technology

The Arkyd 3 Reflight (A3R) will spent its three-month orbiting mission sending back data to a group of scientists based at the firm’s headquarters in Redmond, WA.

July 15, 2015

Shrinking Chinese steel market will drag down iron ore price

The price of iron ore is holding above $50 for now, but a contraction in Chinese steel output will see producers increasingly fight for market share.

July 15, 2015

Anglo American likely to cut dividend amid commodities collapse

It would be the first time since 2009 that Anglo has to cut dividends.

July 15, 2015

Little left to lose

Perhaps. But when a sector is so downtrodden that it barely shrugs at major global economic events, there is little left to lose.

July 15, 2015

BHP Billiton to take a $2.8 billion write-down on US assets

With this impairment BHP will have written down its oil and gas business by more than $4 billion since 2011.

July 14, 2015

Only permanent supply cuts can lift metal prices

The availability of cheap money has seen boards postpone hard decisions about uneconomic capacity says Macquarie in new report.