Biggest fall in Chinese exports in seven years hits UK mining shares
Official figures released in Beijing showed that exports in February were down 25.4% on a year earlier, the worst performance since May 2009
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Vale-Fortescue iron ore pact a win-win deal — analysts
Long-term, the deal could be viewed as the first step of a more disciplined approach to iron ore supply by aligning two of the world’s “big four” producers of the commodity.
Goldman rains on everyone’s parade, says commodities rally won’t last
The recent surge in prices of gold, oil and other commodities has come prematurely, says the bank, arguing that lower prices are needed for markets to rebalance.
Landslide at Glencore Katanga mine in DRC leaves 2 dead, 5 missing
Causes of the wall collapse at the open pit KOV mine are still unclear.
EY: Distress and divestments to dominate mining deals in 2016
EY notes that after the fifth consecutive year of declining deal volume and values, increasing levels of financial distress will trigger more divestments, spin-offs, joint ventures and possibly hostile takeover bids.
Chile helping miners to stay afloat, but threat of labour reform, lower copper prices loom
The government has set aside some $20 million through June to assist small and medium miners
VSA Capital’s Paul Renken: Gold and lithium companies that are sizzling hot
In this interview with The Gold Report, Renken provides the gold, lithium and uranium names with sizzle.
Top 5 iron ore firms value shoots up $62bn in just five weeks
Riding a rocketing iron ore price, market cap of Vale, Rio Tinto, BHP Billiton, Fortescue Metals and Anglo American gain a combined 54% since early February.
Battered Canadian miners to face more shareholder activism
With few options left to salvage investments hit by a prolonged downturn in commodity prices, more shareholders are demanding change at miners they perceive to have strong assets but weak boards and management.