August 13, 2015

Glencore hit by $790 million writedown, cuts spending

The company's action on spending follows sharp falls across commodity prices this year.

August 13, 2015

Global gold demand hits six-year-low as China, India buy less

Total bullion demand dropped 12% in the second quarter of the year, due in part to directionless prices, the WGC says.

August 10, 2015

Zimbabwe platinum export tax shelved for now

The country had introduced the levy on raw platinum exports in January, aiming to encourage local processing of the metal.

August 9, 2015

South Africa’s Zuma asks mining companies to limit job cuts

South Africa President Jacob Zuma asked mining and steel companies to limit job cuts as falling commodity prices put profits at risk.

August 9, 2015

British investment fund to buy Anglo’s mines in Chile

According to local newspaper El Mercurio, the unnamed fund is buying Anglo's Mantoverde and Mantos Blancos copper mines.

August 9, 2015

Aluminium-Intensive XE is most fuel efficient Jaguar ever

The innovative new Jaguar XE is the only car in the class to use an aluminium-intensive monocoque, with lightweight aluminium accounting for 75% of the structure.

August 7, 2015

South Africa’s main gold union snubs final pay offer

Talks are set to resume on Wednesday, Aug. 12.

August 7, 2015

South Africa lets Glencore resume operations at Optimum coal mine

Mining Minister Ngoako Ramatlhodi has decided to conditionally withdrew a licence suspension ordered earlier this week.

August 6, 2015

CHARTS: Iron ore price only getting more volatile

Compared to the wild swings iron ore dealers have to deal with, gold, coal and copper traders are coasting.

August 6, 2015

China’s secret gold hoarding strategy

China’s recent stock market gyrations have some analysts now calling China the biggest bubble in history. But those who write off China […]