World’s largest diamond producer Debswana slashes output target
The company, a joint venture between Botswana and De Beers, said the measure follows a downturn in the global diamond market.
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Teck Resources to expand its Fording River coal mine
Teck to expand its Fording River coal mine but with met coal global glut, the question now is whether the project will proceed as originally planned.
IEA predicts huge collapse in US oil output next year
The agency believes U.S. tight oil supply will sink by nearly 400,000 barrels a day in 2016.
University of California sells off $200 million in coal, oil sands assets
Chief Investment Officer Jagdeep Bachher said the assets were no longer good investments for the university's $98.2 billion fund.
Iron ore price closing in on $60
Another surge on Thursday as Chinese stockpiles continues to decline.
Rio saves $200m a year using robots, big data
Rio's already cut $1bn fat in the Pilbara–autonomous vehicles and data analytics will save another $200 million a year on maintenance over the next 3 years.
Big name investors are piling back into commodities
A few legendary influencers are making huge bets right now on commodities, an area that’s faced—and continues to face—some pretty strong headwinds.
Chile’s Codelco to cut top positions in response to weak copper prices
Chief executive Nelson Pizarro warned Codelco is ready to “cut costs to the bones,” and revealed the layoff process has already started.
Graphite to 2020 – charging ahead?
Roskill notes that in 2015, existing world demand for graphite in all batteries is estimated to total 125,000t.
