October 5, 2016

CHART: Despite unnerving gold price fall, mining rally’s intact

While met coal is clearly the star performer, thermal coal is probably the biggest upset – seaborne prices have jumped 65% in 2016 to above $80 a tonne.

October 4, 2016

US coal legend Ernie Thrasher close to bagging Anglo mines

Thrasher's Xcoal and private equity firm Apollo said to be in exclusive talks to buy Anglo American's mines in Queensland amid coking coal price surge.

October 3, 2016

Strike continues at Anglo American’s Australian coal mine

140 workers remain on strike.

October 3, 2016

Hitachi Construction to buy Australia’s Bradken for $528 million

In the absence of a superior bid Bradken’s board has unanimously recommended shareholders to support the deal.

September 30, 2016

Chinese firm buys Anglo American niobium and phosphate operation in Brazil

CMOC bought Fosfatos Brasil Limitada and Nióbio Brasil Limitada for US$1.7 billion.

September 30, 2016

Rio Tinto’s exclusive Argyle Pink Diamonds Tender inspires luxury jewellery collections in New York

Rio Tinto’s 2016 Argyle Pink Diamonds Tender collection has provided the inspiration for a US$20 million showcase of iconic pink and blue diamond jewellery pieces and limited edition collections of…

September 30, 2016

Precious metals, nickel, zinc likely to outperform over next 2 years — analysts

The commodity research teams at Macquarie and Barclays, however, are not as optimistic when it comes to potash, aluminum and steel.

September 29, 2016

Australia’s biggest underground mine halts production

The power outage was the product of strong winds and heavy rain caused by what has been called “the most extreme weather system” that has hit the area in decades.

September 29, 2016

Kirkland to buy Newmarket Gold in Cdn$1 billion deal

The combined company, to be known as Kirkland Lake Gold, will have a market capitalization of about Cdn$2.4 billion and produce more than 500,000 ounces of the yellow metal a…

September 29, 2016

Will Anglo stick to radical restructuring plans?

A credit upgrade, a rocketing share price and rally in coal and iron ore call into question downsizing strategy of world's number five miner.