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 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.
July 14, 2015 INFOGRAPHIC: Data shows investing is heavily biased by Geography For investors, there’s no place like home. Data shows that investors are heavily sector-biased based on where they live.
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