Alrosa diamond sales drop in second quarter on fading demand
Net profit for the period, however, increased substantially — up 61% from a year ago to 40.5 billion roubles ($625 million).
Latest Stories
Australian fund takes over Anglo American’s Foxleigh coal mine
The sale is part of Anglo’s plan to exit coal as well as the miner's divestment scheme aimed to raise between $3bn and $4bn by year-end.
B.C. coal mine poised for restart
Interest is spurred by the rebound in coal price, and by knowledge that steel mills in Asia are looking to diversify their coal import portfolios.
India to seek $15 billion of investment to double mining output
India expects to woo 1 trillion rupees ($15 billion) of investment over five years to double mining output and cut mineral imports.
Don’t go long on iron ore: Aussie bank
Along with gold and silver, iron ore may be a darling among commodities this year, but don't expect the good times to continue into 2017.
Parked-up equipment a boon for some
Miners could negotiate four years ago with service companies when buying or selling equipment, but now that equipment is getting harder to unload, with so much of it available on the used market.
Which countries are damaged most by low oil prices?
This week's chart looks at costs per barrel, exports, and total oil production.
Barrick signs on to Venezuela gold push as oil sinks economy
President Nicolas Maduro turns to mining as a way to boost one of the fastest-shrinking economies in the world.
The precious metals sector and the Fed. . .
Technical analyst Clive Maund reflects on how Federal Reserve statements may affect markets, and explains why he thinks the precious metals markets are due for a correction.
