November 2, 2016

Coal price rally bypassing US miners

As seaborne coking (up 227% year-to-date) and thermal coal (up 128%) continue to rally, decline in US domestic prices, exports resume long-term down trend.

October 31, 2016

Aussie iron ore magnate Rinehart invests in UK’s biggest potash mine

Sirius Minerals’ York mine is expected to be one of the world’s largest in terms of the amount of resources extracted, generating an initial 10 million tonnes of polyhalite per…

October 28, 2016

Clinton, Australian anti-coal activists, and Wikileaks

According to Wikileaks, activists opposing Adani's Carmichael coal mine in Australia have been receiving funding from an American organization.

October 28, 2016

Peabody Energy in restructuring talks with lenders, stakeholders — sources

Peabody circulated a term sheet last week that implied the first lien debt would be impaired, prompting an organizational push, MINING.com has learned.

October 27, 2016

Physical gold market in largest surplus in a decade

New report shows higher gold price during third quarter sparked 20% surge in global scrap supply even as jewellery sales in Asia fall to multi-year lows.

October 25, 2016

Caterpillar axes sales forecast, warns factors depressing orders could linger

While quarterly earnings beat analysts expectations, revenue fell short of estimates and CAT also lowered its full-year guidance.

October 25, 2016

This chart will give hope to gold price, India bullion bulls

Gold's retreat in October is spurring physical buying in Asia.

October 24, 2016

Caterpillar rally hindered by fresh drop in sales

The world’s largest heavy machinery maker has logged a 18% drop in global sales of machinery for the three-month period ended in September.

October 24, 2016

Mining robots key to colonizing Mars — Elon Musk

He envisions people living in big glass-carbon fiber domes on the surface, with additional areas mined out below the surface by robots for "industrial" uses.

October 23, 2016

Chinese coal-mining boss sentenced to death 

The former manager of a Chinese state-owned coal-mining firm has been found guilty of accepting bribes and given a death sentence.