Iron ore price crashes 4%
Drops to June 2009 levels on the way to $70 a tonne after Chinese house prices fall for sixth month in a row.
Latest Stories
Adani lines up $1bn for Australia’s Carmichael coal complex
The mine and rail project in Queensland's Galilee Basin is expected produce 60 million tonnes of thermal coal a year.
Only 38 pct of aboriginal Canadians have a favourable perception of mining
About 1,200 Aboriginal communities are located within 200 kilometres of approximately 180 producing mines.
Swiss yes vote won’t really boost gold price
Switzerland has to buy up to 1,800 tonnes of gold in a yes vote, but Deutsche Bank says window dressing using derivatives would limit impact on gold price.
German scientist makes diamonds from peanut butter
It’s probably one of the first cases ever reported where the tasty spread has been used to produce synthetic gems.
Batista’s new ventures: dog cloning, impotence pills, breath freshener
Disgraced Brazilian tycoon on trial for insider trading has signed development deals with a South Korean pharmaceutical company and a dog cloning scientist.
Brand new hydraulic mining shovel from Cat
A 22-tonne payload and 220-tonne operating weight
Final decision on Keystone XL pipeline may end up in Nebraska’s hands
While most senators support the pipeline, a binding vote has not been held in the Senate under a Democratic majority since 2012.
Chen Lin says gold miners need to produce at $1,000/oz or less to survive
In this interview with The Gold Report, Lin identifies several producers and one near-term project uniquely positioned for the next bull market.
