Iron ore massacre: below $70 for first time in five years
This is almost two-thirds below a peak of $191.90 reached in February 2011, which was when huge new mines were being approved.
Latest Stories
China’s gold imports rise for third month on jewelry sales
China’s gold imports from Hong Kong rose for a third month as increasing jewelry sales countered weakening demand for the metal as an investment amid falling prices.
Aussie miners working harder for less money
Average salaries fell 19% over the two-year period from 2012, while the average working week increased by four hours, a study shows.
Glencore-Rio merger will happen hedge funds told
Ian Hannam, the once and future king of mining M&A, is swinging for the fences with his new boutique advisory firm reports Bloomberg.
BHP hints at Jansen fast-track after Uralkali disaster
"These factors, combined with continued growth and demand for potash all conspire, if you like, to bring toward us the time when a new mine is required."
Germany begs Sweden for more coal
Germany's phasing out of nuclear power and clean energy plans aren't going so well.
Hedge funds catching up to gold, silver price rally
Large investors in gold futures increase bullish bets 55% for the week, while silver speculators move out of net short position.
Optimize SAP with add-ons for asset maintenance management
COGEP has released the most advanced and easy-to-use Planner and Scheduler, Dashboard and Mobile app modules for SAP
Metso introduces the world’s most efficient secondary crusher: Nordberg GP7
The new high-power crusher includes a constant feed opening, steep cavity and a wide range of effective strokes.
