MINING.COM

Wood Mackenzie: Nearly 17% of US coal production uneconomic at current market pricing

Close to 17% of forecast 2015 US coal production is at risk of idling or closure, totalling 162 million short tons (Mst), as these mine's total cash costs plus sustaining capital expenditures exceed current market pricing, according to Wood Mackenzie's latest coal market outlook.

Wood Mackenzie | March 17, 2015 | 8:51 am

Canadian miners step up efforts to prevent tailings dam failures

Facing intense public pressure to ensure tailings are handled, stored and monitored better, the Mining Association of Canada (MAC) has taken the bull by the horns.

Cecilia Jamasmie | March 17, 2015 | 8:49 am

Potash producers rejoice — China likely to pay more for it this year

According to analysts from Credit Suisse, Chinese importers will settle at $320 a tonne, versus $305 a tonne they paid last year.

Cecilia Jamasmie | March 17, 2015 | 7:00 am

Argentine police seize 19th-Century gold ingot worth $2m

The piece is thought to have been buried in the 1800s for safekeeping.

Cecilia Jamasmie | March 17, 2015 | 5:10 am

Tommy Humphreys: An inside look: How mining titans like Giustra, Lundin, and Beaty are playing the downturn

Since Tommy regularly spends time with the sharpest minds of the natural resource sector (Lundin, Gisutra, Casey, etc.), we know how valuable his perspective is.

Palisade Capital Corp | March 17, 2015 | 4:45 am

Zimbabwe’s top diamond mining firms agree to merge

Zimbabwe’s diamond industry will soon be controlled by one firm as the country’s major diamond mining companies have agreed to merge.

Cecilia Jamasmie | March 17, 2015 | 4:00 am

BHP’s South32 spinoff to cost $738m

Board proposes to give shareholders one share in the $12bn spin-off company for every BHP share owned, but the whole process comes with hefty fees.

Frik Els | March 16, 2015 | 3:28 pm

Molycorp tanking after wider loss

Better production numbers at its California mine couldn't stop the red ink at rare earth miner.

Frik Els | March 16, 2015 | 3:06 pm

After Finland buy, fund seeks met coal, base metal mines

Former Anglo-exec running hedge fund's mining business wants to follow up Talvivaara nickel acquisition with zinc, nickel, copper and coking coal deals.

Frik Els | March 16, 2015 | 2:41 pm

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