January 29, 2015

‘Resounding bearishness’ grips iron ore market

The iron ore price fell again on Thursday losing nearly 6% in four days and falling to a fresh five-and-a-half year low within shouting distance of $60.

January 29, 2015

Here is how metal-eating bacteria may make asteroid mining profitable

The technique, known as biomining, is already being tested here on Earth as a sustainable treatment of ores and mine waste.

January 29, 2015

Mining M&A: Private equity can’t run away fast enough

The smart money is waiting for fire sale prices before jumping into metals and mining. Or worse; has simply lost interest in the sector.

January 28, 2015

Anglo American set for commodity slump-triggered charge

The firm became the first major mining company to openly accept the toll that slumping commodity prices are taking on the global industry.

January 27, 2015

Cliffs restructures Bloom Lake iron ore mine, seeks creditor protection

Chief Executive Lourenco Goncalves said restructuring proceedings have begun in Montreal and sale options will be explored.

January 27, 2015

Another day another iron ore price drop

Another slide on Tuesday drops iron ore price 13.4% year to date, but latest forecasts see another double digit dip from current levels.

January 27, 2015

Congo risking billions with planned tax hike, mining code revision

The central Africa nation may also lose its position as the continent’s top copper producer.

January 26, 2015

The bottom is falling out of the iron ore price

Down 4% to fresh five-and-half year low.

January 26, 2015

Cliffs Natural removes quarterly dividend to repay debt

It also said it has reduced its net debt balance by more than $400 million.

January 24, 2015

Mining stocks fall as copper, iron ore price reach new lows

Heavy selling across the board as commodities reach fresh multi-year lows, forecasts are slashed and weakness returns to precious metals.