February 17, 2017

De Beers Forevermark passes 2,000 global retail doors

Forevermark, the diamond brand from The De Beers Group of Companies, today announced it has passed 2,000 retail doors globally, following the opening of the Zen Diamond Anatolium store in…

February 16, 2017

Interest rates, inflation, and Trumpian troubles point up for gold

Gold prices of late have been testing support just under the market, if you will, preparing for a healthy rally into higher territory.

February 16, 2017

Vale’s iron ore output just hit another record

The world’s No.1 iron ore miner produced 349 million tonnes of the steelmaking ingredient in 2016, helped partly by the opening of its massive S11D mine.

February 15, 2017

China may tighten up coal output curbs again as prices collapse

Restrictions would remain in place for six months, with some mines and areas possibly excluded.

February 14, 2017

Coking coal resumes sharp decline

Down 4.7% on Tuesday to five-month low as ultra-cheap Mongolian coal gets trucked into market.

February 14, 2017

Freeport halts Grasberg mine, begins sending workers home

The firm has not been able to ship copper from the mine in over a month due to a ban on concentrate exports that kicked in on January 12.

February 13, 2017

Newcrest doubles first-half profit, to pay divvy

The miner attributed the good results to higher metals prices, increased gold and copper output and productivity improvements.

February 10, 2017

Canada’s Cameco posts $62 million loss hurt by sinking uranium prices

Prices for the radioactive metal have fallen more than 50% since the Fukushima disaster in 2011

February 10, 2017

Coal dust near Great Barrier Reef worries scientists, environmentalists

Coal has washed up very close to the UNESCO World Heritage Site, Australian authorities said, following an investigation into complaints of black dust on nearby beaches.

February 9, 2017

Copper price drops despite outages at world’s biggest mines

Strike at Escondida, export ban and smelter problems at Grasberg and community clashes at Las Bambas.