July 29, 2015

Nautilus Minerals: Vessel dewatering plant detailed design contract awarded

Nautilus Minerals Inc. announces that contract for the detailed design of the Solwara 1 dewatering plant to be used on the Company’s Production Support Vessel has been awarded to the…

July 29, 2015

About 30,000 fresh job cuts, more mine closures expected in Australia

A fresh survey of mining industry leaders is predicting more mine closures and job cuts as the prices of commodities like iron ore and coal decline.

July 28, 2015

China planning to step up controls on coal imports — report

As 85% of Chinese thermal coal producers and 35% of miners focused on the metallurgical kind are now running at a loss.

July 24, 2015

Anglo American to axe 53,000 jobs, put 15 assets up for sale

“It is a pretty tough market,” said Chief Executive Mark Cutifani, “and in all likelihood the next six months are going to be even tougher.”

July 24, 2015

US mining policy and global competitiveness

Mark Fellows, director of metals consulting at SNL Metals & Mining, explains why permitting delays happen, what they’re costing our economy and how to fix it.

July 24, 2015

Mining firms should act now to stay ahead of local content rules

Global miners could be at risk of losing valuable exploration and operating licences unless they step up their efforts to award work to suppliers in the locality of contracts.

July 23, 2015

Vale adds to iron ore supply glut — second highest ever quarterly output

The world’s largest iron ore producer continued to flood the market despite a current oversupply that has sent prices for the commodity plummeting to historic lows.

July 22, 2015

Iron ore prices hit by fresh evidence of looming surplus

Seaborne with 62% content delivered to Qingdao dropped 0.7% to $51.76 a ton, its sharpest drop in two weeks.

July 22, 2015

Mining giants’ push for iron ore tests mettle of smaller miners

As industry giants such as Rio Tinto PLC and BHP Billiton Ltd. dig up ever more of the steelmaking ingredient for export, the resulting supply glut has caused prices to…

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.