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Latest Stories

Barrick Gold caught up in Canadian political controversy

Barrick Gold (NYSE:ABX) has found itself at the centre of a Canadian political controversy following its failure to properly report three separate lobbying discussions with Nigel Wright, Prime Minister Stephen Harper's chief of staff.

Iron ore freefall catches miners

Iron ore prices hit the lowest level since November 2009 on Tuesday as the commodity crashed 4.6% closing at $94.80. The dive proved a drag for producers of the commodity, particularly companies investing heavily to expand their production capacity.

Anglo American sheds workers as coal prices plummet

London-based Anglo American (LSE:AAL) has joined an expanding list of coal producers making staff cuts at specific Australian operations, after it announced it will cut at least 50 jobs when its Moranbah North mine reverts back to a single longwall operation.
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