November 25, 2015

Anglo American shares close at lowest in 16 years on HSBC note

HSBC downgraded the company to 'reduce' from 'hold' and highlighted that Anglo's precarious cash flow situation may force it to cancel its dividend.

November 24, 2015

Copper price: Lower for longer

Study shows copper price fall matches previous down-cycles going back to 1975, but expect a long painful slog before a sustained recovery.

November 24, 2015

Iron ore price hits record low

Chorus predicting iron ore in the $30s before the end of the year grow louder as Chinese buying dries up.

November 24, 2015

Most copper producers in Chile barely breaking even — mining group

The ongoing slump in copper prices spells trouble for Chile's mining industry, where most medium-sized producers are already unable to make a profit.

November 23, 2015

Gemfields shares soar on ‘knock out’ auction results

The emeralds and rubies miner raised $19.2 million from its recent auction in Jaipur, India.

November 23, 2015

BSG Resources wins Rio RICO US court case

The unequivocal dismissal of the case with prejudice on Friday 20th of November 2015, by the Honorable Judge Richard Berman, bars Rio from re-pleading its case and represents a significant…

November 22, 2015

B2Gold execs safely extracted from hotel attacked in Mali

A terrorist attack on a hotel in Mali on Friday that left 14 dead has a Canadian mining connection. (Screenshot from BBC News report posted to Youtube.)

November 20, 2015

Judge throws out multi-billion dollar Rio lawsuit against Vale

Rio Tinto said Vale conspired to "steal" the Australian giant's massive Simandou concession in Guinea.

November 20, 2015

Global coal imports heading for second year of ‘dramatic’ drops

The EIA says China and India are to blame, as imports from both nations — which from 2008 to 2013 accounted for 98% of the increase in world coal trade…

November 19, 2015

Lonmin investors approve key $407m rights issue

The move will allow the platinum miner to restructure its debt and, it hopes, weather an ongoing decline of platinum prices.