Bears wrong-footed by jobs report light fire under gold price
Gold price surges 2.6% in heavy trading as hedge funds with record-breaking bearish bets scramble to cover shorts.
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Anglo American set to announce dividend cut next week
One of the miner’s worst kept secret may be revealed as soon as Tuesday.
New presentation video of Professional LLC, Russia
Producing modern attachments in demand not only in Russia, but also abroad, Professional LLC's production volumes have increased significantly.
Down again: iron ore sinks below $40 a tonne
It hit $39.40 a tonne, the lowest price ever recorded by price assessor The Steel Index (TSI), which began compiling data in 2008.
China’s steel giants lost $11 billion in first 10 months of 2015
That is more than double the profits reaped in 2014.
The mining supercycle and its demise
Supercycle meets Kubler-Ross.
Rio’s secret weapon for a sub-$40 iron ore price
The price of iron fell again on Thursday stopping barely above $40 a tonne, but Rio's new high-grade Pilbara mine will ensure its costs keep falling.
Giant mine pit ‘swallowing’ 400-year-old Peruvian town
The Peruvian city of Cerro de Pasco, perched high up in the Andes, is about to sink — literally and metaphorically — into the deeps of a half-century-old, open-pit zinc and lead mine.
Gold majors trading at just 4% of in-situ metal value
The valuation of any mineral asset is complex and depends on a myriad of factors, including tonnage and grade, mineralization, metallurgy, engineering, and of course, commodity price.
