January 6, 2015

Gold price in 2015: Playing Russian roulette

The US dollar together with rates and inflation expectations will keep advances in check, but all bets are off if Russia and/or Euroland turn to chaos.

January 6, 2015

India coal strike the biggest industrial action since 1977

It is likely to cost the country 1.5 million tonnes of lost coal production a day.

January 6, 2015

China scraps decade-old rare earths export quotas

The long-awaited policy change comes after the World Trade Organization determined last year that the nation’s quota system violated trade rules.

January 5, 2015

Caterpillar stock nosedives on JPMorgan downgrade

The analysts argued that as much as 15% of the machinery maker’s revenues are dependent on the oil and gas industry

January 5, 2015

Coal India unions on five day strike from Tuesday

An estimated five lakh employees in the coal industry will begin a five-day nationwide strike on Tuesday to denounce moves towards commercial mining of the fuel.

January 5, 2015

Anglo American tries again: submits plan to expand coal mine in Australia

Revised plan plan will see the company mine 75 million tonnes over 17 years instead of 97 million tonnes over 20 years.

January 5, 2015

Glencore resumes production at Aussie coal mines

The three-week suspension aimed at battling a global oversupply of the commodity.

January 4, 2015

Oceanagold to phase out New Zealand mines

Oceanagold (TSX, ASX:OGC), an Australia-based gold producer, will start winding down its New Zealand mines to focus on lower-cost production in the Philippines, where it runs the Didipio copper-gold mine…

January 4, 2015

Gold smuggler on the run held at Chennai airport

Immigration authorities at Chennai airport on Friday nabbed a man who is said to belong to an international gang of gold smugglers and is wanted in nine cases of smuggling…

January 2, 2015

Cliffs closes Bloom Lake iron ore, sells coal assets

Active production at the Canadian Bloom Lake iron ore mine has completely ceased, and the sale of the firm's its struggling coal division has been completed.