Ex-Barrick CEO said to offer $1bn for Glencore mine
Aaron Regent "is competing against a small number of Chilean-focused operators" for Glencore's Atacama copper mine according to reports.
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How the iron ore rout is helping rare earth prices
The world's largest producer of cerium – the bellwether for the rare earth industry – does so as a byproduct of iron ore mining.
Iron ore price drops back below $40
Iron ore price already down 8% in 2016, despite a surge in Chinese imports to 96 million tonnes in December, pushing 2015 cargoes to an all-time high.
Sandvik launches new pilot bits for more efficient raise boring
The introduction of Sandvik RR880 represents a new range of pilot bits for raise boring, given a new design to increase bit life and productivity, and reduce cost per meter.
China, Russia lead central banks gold buying spree
The nations were once again the biggest buyers, with China adding 21 tonnes and Russia 22 tonnes in November to their respective reserves.
South32 mulls acquisition of Anglo’s $1bn business in Brazil
Company is said to have sent out requests to investment banks as it seeks to hire an adviser to assist in the bidding process for Anglo American's niobium and phosphate business in Brazil.
US coal miners’ struggles at dawn of 20th century not too far from today’s
Documentary to air Jan. 26 on PBS tells the story of how coal miners came together in a protracted struggle for their rights.
President Obama to revamp coal industry, calls miners to ‘invest in the future’
In his final State of the Union address, Obama said companies leasing coal and oil rights on federal land should pay more for the effects those fuels have on climate change.
Coal prices claim Quinsam coal mine on Vancouver Island
That’s five coal mines that have shut down in B.C. in the last two years, thanks to a prolonged global glut and low prices for both thermal and metallurgical coal.
