Glencore could sell its troubled South African Optimum coal mine

Glencore's struggling South African unit, Optimum, which is currently embroiled in a dispute over the price of coal with power utility Eskom could be sold off, a firm appointed to rescue the troubled business said.

Reuters | December 1, 2015 | 9:48 pm

Australian-owned iron ore mine in Norway files for bankruptcy

The Norwegian mining subsidiary of Australia's Northern Iron Ltd will file for bankruptcy by the end of the day.

Reuters | November 18, 2015 | 8:59 am

Japan’s Sumitomo Metal seeks stakes in copper, gold mines

The company wants to take advantage of its sound finances and a slump in commodity prices to bolster future growth.

Reuters | November 17, 2015 | 9:38 am

Canada’s once-booming Arctic diamond sector loses luster

A decline in diamond prices is dulling the appeal of Canada's Arctic diamond industry, with the resulting drop in exploration hurting the region's long-term prospects.

Reuters | October 27, 2015 | 7:17 am

Mosaic cuts 8 percent of workforce at Canadian potash mine

Company has laid off 46 unionized workers, or 8 percent of the workforce, at its Colonsay, Saskatchewan potash mine as potash supply is outstripping demand.

Reuters | October 23, 2015 | 9:18 am

South Africa’s last bullion bluechip battles relegation

The Johannesburg stock market, the capitalist heart of South Africa's 'City of Gold', is close to relegating the last bullion producer in its bluechip index, the latest sign of the precious metal losing its place in an economy it once dominated.

Reuters | October 5, 2015 | 8:50 am

European shares lifted by rise in auto and mining stocks

European stocks were also supported by gains overnight on Asian and U.S. equity markets, with some traders viewing more weak Chinese data as a sign that Beijing may undertake further measures to bolster the country's economy.

Reuters | October 1, 2015 | 10:35 am

Australia mining stocks have never mattered less after 21% slump

Australia's stock market was once synonymous with raw materials. Not anymore.

Reuters | September 30, 2015 | 2:45 pm

Glencore’s Zambian unit plans to cut more than 3,800 jobs: government sources

Glencore's (GLEN.L) Zambian unit Mopani Copper Mines (MCM) has notified the government that it plans to lay off more than 3,800 workers due to lower metal prices and high production costs, government sources said.

Reuters | September 23, 2015 | 3:39 pm

LME says in talks on launch of precious metals derivatives

The London Metal Exchange is in talks with the gold industry with a view to launching precious metals derivatives, LME Chief Executive Garry Jones said on Thursday.

Reuters | September 10, 2015 | 4:59 am

Potash Corp might be prepared to make hostile K+S bid

According to German newspaper Handelsblatt.

Reuters | September 9, 2015 | 11:40 am

Major banks’ commodities revenue down 25% in first half

Revenue earned by leading banks from commodity trading, selling derivatives to investors and other activities in the sector fell to $2.6 billion from $3.5 billion in the same period of 2014.

Reuters | September 8, 2015 | 2:50 pm

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