June 17, 2014

Less correlation among commodities demands more careful selection: Philip Richards

Commodities from coal to gold once traded in close correlation, but today the graph looks helter-skelter.

June 16, 2014

Iron ore price crashes through $90

Iron ore and steel prices are approaching levels last seen during the height of the financial crisis.

June 16, 2014

New Zealand may approve underwater mine this week

Trans Tasman Resource project will vacuum iron-rich seafloor sands, to later extract the desired titano-magnetite for export to Asian steel mills.

June 13, 2014

Centerra Gold won’t shut down Kumtor mine, plan approved

The government of Kyrgyzstan has approved Centerra's mine plan for 2014, after the company threatened to shut operations at the country's largest gold deposit.

June 12, 2014

The iron ore price is falling again

Shares in producers are dumped after price of iron ore falls 2% to fresh 22-month on more bad economic news from top consumer China.

June 12, 2014

Asia Resource Minerals CEO von Schirnding steps down

The company, until recently known as Bumi, has named independent director Amir Sambodo as Nick von Schirnding’s successor.

June 11, 2014

Report: Thermal coal price forecasts too pessimistic

Macquarie says sub-$65 unlikely because first Indonesian and then Australian producers will drop out of the market around these levels.

June 10, 2014

Canadians losing enthusiasm for building closer ties with Asia

In 2013, 45% of Canadian surveyed said they felt Chinese investment would benefit Canada. In 2014, that number dropped to 35% in 2014, the lowest in a decade.

June 10, 2014

‘Peaking’ supply surge to lift iron ore price above $100

Research note from Citi sees $90 as support and a move back above $100 in Q4, but UBS warns on collateralized loans.

June 10, 2014

BHP Billiton a step closer to selling-off non-core operations

World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.