April 2, 2015

Labrador Iron Mines seeks court protection from creditors

The Canadian miner became the latest victim of slumping iron ore prices.

April 1, 2015

Iron ore price crashes through $50

Iron ore price plummets again on reports Beijing may force 40% of China's steel mills to shut down amid pollution crackdown.

April 1, 2015

David Smith: Love and fear trade buying will drive metals, and these miners higher. . .this year!

Despite their recent underperformance, David H. Smith, Senior Analyst with The Morgan Report, remains bullish on precious metals, especially silver and palladium, as the "love trade" heats up and the…

March 31, 2015

Iron ore price enters free fall

3.6% plunge to just above $50 a tonne on Tuesday brings year to date losses to 28%.

March 31, 2015

South Africa wants to settle mines’ black ownership in court

The main point of contention is the fact that mining companies believe that once they reached a 26% black ownership, they effectively complied, no matter where the percentage is at…

March 30, 2015

Fresh iron ore price plunge

Iron ore price falls more than 2% on Monday bringing 2015 losses to 25%. Next stop $45 a tonne says new report.

March 30, 2015

BHP wants strikes to be ‘last resource’ for workers

The mining giant has also asked for local laws to be flexible enough to keep pace with other countries.

March 29, 2015

Big oil worse than big miners in overspending

A chart by the Wall Street Journal shows that capital expenditures by the big oil companies are exceeding cash flow at a higher rate than the major miners.

March 27, 2015

Vale CEO Murilo Ferreira to lead Petrobras

Vale's Murilo Ferreira has been nominated as Petrobras' next board chairman, while the company still scrambles to deal with the fallout from a vast corruption scandal.

March 27, 2015

Chinese miners keep digging for iron ore despite most losing money

The situation, industry officials said Friday, can’t continue for much longer.