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…

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.