December 10, 2015

China takes a big step forward

On November 30th the International Monetary Fund (IMF) announced that it would admit China's Renminbi currency, commonly known as the Yuan, to the select basket of reserve currencies that make…

December 9, 2015

Turquoise Hill jumps on 2016 guidance

Vancouver-based company said it is waiting for "final notice to proceed" for $5 billion expansion of giant copper-gold mine in Mongolia mine.

December 9, 2015

Freeport follows Anglo’s lead: suspends dividend, cuts spending, eyes assets sales

The U.S. miner became the latest mining company to announced drastic measures aimed at preserving cash amid a deepening commodity prices rout.

December 9, 2015

Hillary Clinton’s emails reveal pro deep sea miner move after request from son-in-law

The 2012 emails from an investor in Florida-based deep sea mining firm Neptune Minerals Inc. were forwarded to Clinton by her son-in-law and hedge fund partner Marc Mezvinsky.

December 9, 2015

Erdene intersects multiple high-grade gold-bearing structures at Bayan Khundii

Erdene is pleased to report high-grade gold intersections from the Company's recently completed, maiden drill program at its wholly-owned Bayan Khundii gold project in southwest Mongolia.

December 8, 2015

Chinese commodity demand: Crisis. What crisis?

In volume terms Chinese imports of commodities led by iron ore and copper surged 17% in November, the best month in nearly two years.

December 7, 2015

Adani wants opposition to its coal mine in Australia to be over by law

The company wants an "indisputable and final" go-ahead for Carmichael, considered Australia’s largest thermal coal project ever.

December 7, 2015

Glencore axes jobs, coal output at Australia’s mine as price collapses

The company will start cutting nearly 80% of its workforce at its Collinsville coal mine in March next year, as it dials back mining at the site.

December 4, 2015

Down again: iron ore sinks below $40 a tonne

It hit $39.40 a tonne, the lowest price ever recorded by price assessor The Steel Index (TSI), which began compiling data in 2008.

December 4, 2015

China’s steel giants lost $11 billion in first 10 months of 2015

That is more than double the profits reaped in 2014.