Rio Tinto freezes all pay for 2016 as commodities rout bites
Chief executive Sam Walsh told employees he expected 2016 to be "an even tougher year" than the last.
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Arch Coal’s bankruptcy suggests a questionable strategy
The company's executives seem oblivious to the downward trend in the coal markets.
Higher US dollar and lower fuel costs mean more profits for Australian miners
The US dollar has been on a tear. And for miners in certain jurisdictions, this has helped operators immensely, especially when coupled with lower fuel prices, which typically accounts for 15-20% of overhead.
Ex-Barrick CEO said to offer $1bn for Glencore mine
Aaron Regent "is competing against a small number of Chilean-focused operators" for Glencore's Atacama copper mine according to reports.
How the iron ore rout is helping rare earth prices
The world's largest producer of cerium – the bellwether for the rare earth industry – does so as a byproduct of iron ore mining.
Iron ore price drops back below $40
Iron ore price already down 8% in 2016, despite a surge in Chinese imports to 96 million tonnes in December, pushing 2015 cargoes to an all-time high.
Sandvik launches new pilot bits for more efficient raise boring
The introduction of Sandvik RR880 represents a new range of pilot bits for raise boring, given a new design to increase bit life and productivity, and reduce cost per meter.
China, Russia lead central banks gold buying spree
The nations were once again the biggest buyers, with China adding 21 tonnes and Russia 22 tonnes in November to their respective reserves.
South32 mulls acquisition of Anglo’s $1bn business in Brazil
Company is said to have sent out requests to investment banks as it seeks to hire an adviser to assist in the bidding process for Anglo American's niobium and phosphate business in Brazil.
