Iron ore price closing in on $50
Iron ore gained for the fourth week in five, as the embattled steelmaking commodity made a push for $50 a tonne, the highest level it's been since mid-November.
Latest Stories
Huge Yukon copper-gold mine heads to environmental review
The Casino project in the Canadian Yukon Territory passed a major milestone last Thursday with the announcement that the project will move to a higher level of environmental assessment.
Junk status beckons for these 14 miners
Anglo American and Freeport's credit ratings were recently slashed to well below investment grade – other marquee mining names may soon share the same fate.
New technology, automation to help miners survive commodity prices rout
When the worst collapse of commodity prices in nearly two decades finally ends, mining companies left standing probably will have more robots on their side.
Cases of malaria on the rise in Colombia’s mining regions, study shows
Cases of the mosquito-borne disease in Colombia have been skyrocketing, but only in areas where mining activities have increased, a new study shows.
Decline of coal demand is ‘irreversible’
Goldman Sachs report is the latest in a long line of grim warnings, all of which point to a future of shuttered power plants, mine closures, and bankruptcies.
Gold miners thrive in bleak Q4
Many traders wonder if these eye-popping gains are merely the product of fleeting sentiment that could reverse anytime, or are supported by strong underlying fundamentals.
Australia’s Orica re-launches Minova
The new stand-alone business unit will focus on ground support products.
Finning to cut up to 500 extra jobs this year, chairman steps down
The layoffs are on top of the 1,900 positions Finning decided to axe last year.