Iron ore craters again — down 5% in only 24 hours
In Asia, trading was halted after prices sank 7.3%, which is the maximum a day allowed by Chinese regulators.
Latest Stories
Tahoe gets 15% share flip on record quarterly cash flow
It produced 5.7 million ounces of silver from Escobal, the third largest silver mine in the world – a 17% increase from the previous quarter.
Peruvian Supreme Court rules against Newmont
The Supreme Court of Peru has ruled in favour of a farmer that Newmont Mining (NYSE:NEM) claimed was illegally occupying land it wanted to develop into the Congo mine.
Lucara disappoints with lower first-quarter revenues
Quarterly revenues were about half of the revenues posted in the year-ago quarter.
Kinross shares jump 10% on Q1 results
Despite producing less gold, Kinross Gold (TSX:K) made more revenue in the first quarter and is proceeding with an aggressive plan that will slash costs and increase production at its Tasiast gold mine in Mauritania.
2017 global natural diamond production forecasted at 142M carats worth $15.6B
The top 10 largest mines in the world by value produced are estimated to represent 58% of global production.
Dozens trapped, two killed in Iranian coal mine explosion
The blast took place at a mine located in Iran's northern Golestan province on Wednesday morning.
Philippines shows anti-mining environment minister the door
Congress decision puts and end to a 10-month tenure during which Regina Lopez ordered the closure of more than half the country's mines and banned open-pit mining.
Centamin shares fall after reporting profit and production declines
Despite the drop in production, the gold miner kept guidance unchanged for its 2017 financial year at 540,000 ounces.