December 9, 2014

Vale sells stake in Mozambique coal project to Mitsui for $763m

Mitsui, which since 2003 is part of the holding group that controls Vale, is expanding partnerships with the world’s largest iron-ore miner.

December 7, 2014

Is Indian gold turnaround a game changer for prices?

Something seems to have spooked the gold bears. We noted a few days ago that there seemed to be signs of new positive momentum building for gold, but then were…

December 5, 2014

Sandvik relocates global equipment unit to India and China

The firm is closing several facilities in the U.S. and Europe, as part of a two-year business reorganization set to conclude in the next fiscal.

December 5, 2014

Vale to sell 15% of its $3bn Mozambique coal project to Mitsui

The miner confirmed Friday it is in talks “with a potential investor,” but did not name its counterpart.

December 5, 2014

Putin seeks to boost Russian diamond trade through India

The Russian leader is expected to ink a long-sought deal with India during his visit to the country next week.

December 4, 2014

Jeffrey Nichols: paper gold bears losing grip on price

Physical buyers numbering millions are setting up a sustainable long-term gold price upswing in the face of a small group of speculators.

December 4, 2014

Rio Tinto-Glencore a ‘poor match’: Sam Walsh

Walsh emphasized Rio was not planning any major acquisition to protect itself from a potential takeover by the commodity trader and miner rival.

December 3, 2014

Women mostly missing at London’s ‘Mines and Money’ event

75 participating countries, 200 companies, 200 presenters, 3,000 attendees… and fewer than 15 women invited to speak at Mines and Money London 2014. About time for a change – don’t…

December 3, 2014

Cliffs Natural selling coal assets, expects loss of up to $425m

Miner is dropping coal operations to focus on iron ore.

December 2, 2014

Why did the price of potash plummet?

Prices are unlikely to reach cartel-era levels, however.