Iron ore price claims another scalp
Australia-listed Northern Iron warns of "material uncertainty of cash flow" and inability to extend debt maturities.
Latest Stories
Nuclear power to grow fastest in more than 20 years
World Nuclear Association report says declining secondary supply, Asian and Middle East reactor builds necessitate whole new mined uranium pipeline by 2025.
Botswana may soon have its first uranium mine
As Australian firm A-Cap Resources has applied for a mining licence for its flagship Letlhakane project.
World’s largest diamond producer Debswana slashes output target
The company, a joint venture between Botswana and De Beers, said the measure follows a downturn in the global diamond market.
Teck Resources to expand its Fording River coal mine
Teck to expand its Fording River coal mine but with met coal global glut, the question now is whether the project will proceed as originally planned.
IEA predicts huge collapse in US oil output next year
The agency believes U.S. tight oil supply will sink by nearly 400,000 barrels a day in 2016.
University of California sells off $200 million in coal, oil sands assets
Chief Investment Officer Jagdeep Bachher said the assets were no longer good investments for the university's $98.2 billion fund.
Iron ore price closing in on $60
Another surge on Thursday as Chinese stockpiles continues to decline.
Rio saves $200m a year using robots, big data
Rio's already cut $1bn fat in the Pilbara–autonomous vehicles and data analytics will save another $200 million a year on maintenance over the next 3 years.
