November 7, 2016 Chinese coking coal futures hit the roof The most-traded coking coal for January delivery on the Dalian Commodity Exchange soared 10% to 1,516 yuan ($224) a tonne, a record high.
November 7, 2016 Weak commodities put infrastructure growth in emerging markets at risk — BMI Countries heavily reliant on their extractive sectors need to step up efforts to lure investors or they will see their infrastructure sectors stalled, warn analysts.
November 7, 2016 Centerra expects more gold from Kumtor, but issues still loom The miner increased gold output guidance for the mine to 520,000 to 560,000 ounces and lowered all-in sustaining cost forecast to $666 – $718 per ounce.
November 4, 2016 CAT and Trimble to strengthen mining technology collaboration As part of the deal, CAT is expected to become the primary sales, marketing, distribution and support channel for Trimble’s Connected Mine platform.
November 4, 2016 6 reasons coking coal price will tank Number 1: Producers have negotiated quarterly contracts $70 below the spot price.
November 3, 2016 Luxembourg shoots for the stars, invests $28 million in Planetary Resources The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.
November 3, 2016 The world’s hardest working gold mines Ten gold mines that timed the gold price rally to perfection – Barrick owns four of them.
November 3, 2016 Glencore did better as commodity trader than miner in Q3 While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.
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…
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