May 12, 2015

Glencore CEO says rivals pushing mining sector into confidence crisis

Ivan Glasenberg has once again slammed his competitors, who he accuses of damaging the credibility of the mining industry.

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.