February 5, 2014

Coal industry in structural decline

Some investor analysts agree, and think that the coal industry is set for a comeback. That may be the case in the short-term, but the longer-term picture is much shakier.

February 5, 2014

JP Morgan about to close sale of $3.3bn commodities business with Mercuria

Swiss Mercuria, founded in 2004, has become the front-runner to buy the physical commodities unit of JPMorgan.

February 4, 2014

Mining deals for about $10bn coming soon to a market near you—E&Y

However, the report says those funds are unlikely to be available to junior miners.

February 3, 2014

More than mining: Anglo sets up trading arm

Anglo American takes a leaf from Glencore's book, sets up trading and logistics division set to contribute $400m to profits within two years.

February 2, 2014

Back to miners graduating with 6-figure salaries ‘in a few years’

Baby boomers are retiring and even if only a small fraction of new projects take off, the ensuing skills shortage will bring back mining jobs boom.

February 2, 2014

Guinea president says Simandou rights transfer likely broke law

BSG Resources transferred rights on rich Simandou concession to Brazil's Vale in a $2.5 billion deal in 2010.

January 31, 2014

China expands further into commodity trading with London bank buy

China and the globe's largest bank takes over London unit of Johannesburg-based Standard Bank, in a transaction forecast to be the first of many as Chinese banks push overseas expansion.

January 31, 2014

Dr Doom: Be afraid, but not very afraid of emerging market crises

While many emerging markets are teetering right now, noted economist Nouriel Roubini says chance of a fully-fledged crisis is low.

January 31, 2014

Australian billionaires no match for Gina Rinehart

She's opened up a $10 billion gap to her nearest rival at the top of the Aussie rich list.

January 30, 2014

Iron ore price starts Chinese new year on back foot

Shanghai steel prices are slumping.