February 1, 2016 THEnergy review of the Energy and Mines Summit in London More than 200 delegates from the mining, renewable energy and finance sectors attended this event.
January 28, 2016 Anglo American shares rally on iron ore output hike, cost-cutting measures The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.
January 28, 2016 Anglo American and Lonmin heap pain on South African mining with 9,000 job cuts Embattled miners have cut jobs in the face of plunging commodity prices, putting pressure on the South African government
January 27, 2016 Current mining downturn not a ‘normal’ one — Moody’s The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.
January 26, 2016 Gold hits 12-week high, on track for best month in a year Bullion prices are also set for a gradual recovery this year as demand increases in Asia and mine production contracts.
January 26, 2016 Samsung launches gold smart watch way cheaper than Apple’s While Apple's costs $17,000, Samsung's is expected to go for about $520.
January 25, 2016 Hedge funds in major commodities rethink Silver attracts buyers, gold price lifted out of historic net short positioning as large futures speculators cut overall bearish bets on commodities by 74%.
January 25, 2016 Anglo American Platinum full-year loss to hit over $850 million Only last month, the South African miner announced it was postponing all investment in new or replacement capacity until at least 2017
January 24, 2016 Four killed in Rustenburg platinum mine fire Four miners have died in an underground fire in a platinum mine, the Impala group said in a statement.
January 22, 2016 Moody’s puts 175 energy and mining firms on review as low prices bite Top miners BHP Billiton, Rio Tinto, Vale and Anglo American are among the firms at risk of rating downgrade.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
