May 12, 2015 This is how BHP plans to be the world’s lowest-cost iron ore miner CEO Andrew Mackenzie announced the firm would cut capital and exploration expenditure to $9 billion in the 2016 financial year from $12.6 billion in 2015.
May 11, 2015 Chris Mancini’s high-quality gold miners that have positioned themselves well in the downturn Mancini advises investors to go for the best of the best: gold miners with cash flow, great balance sheets, low costs and good management.
May 11, 2015 Iron ore price rally gains steam Chinese import prices surge more than 3% to 10-week high after Beijing's surprise rate cut boosts industry prospects.
May 11, 2015 World Bank grants Tanzania $45 million to improve mining sector Africa's No.4 gold producer is also rich in coal, uranium, diamonds, emeralds, rubies and sapphires.
May 11, 2015 AngloGold Ashanti back to black The miner, which is the world’s No.4 bullion producer, said unreasonable wage demands and escalating power costs in South Africa will likely push the country’s industry down the slippery slope.
May 8, 2015 Copper, iron ore prices hold up despite China trade shock Overall Chinese imports plummeted 16% in April as coal enters free-fall, but iron ore's decline was modest and copper shipments jumped 5%.
May 8, 2015 BSGR ordered to hand over Simandou-related documents to UK anti-corruption body The UK High Court ruling is the latest setback BSG Resources, which is fighting on multiple legal fronts over the alleged corruption case.
May 8, 2015 Archaeologists find silver, gold pirate treasure in Madagascar According to the team of explorers, the silver treasure found belonged to the infamous 17th-century Scottish pirate William Kidd.
May 7, 2015 Glencore boss blames iron ore top miners for share price fall The company's shares have lost over 40% of their value since it first listed in 2011 on the London Stock Exchange.
May 7, 2015 ArcelorMittal cuts profit expectations for 2015 amid steel glut The company now expects earnings before interest, tax, depreciation and amortization, which is a more closely watched metric than net income in the steel industry, to be between $6bn and…
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