March 10, 2016 BHP’s $14 billion Jansen potash becomes latest victim of commodities rout BHP has cut $130 million from this year's planned $330 million capital expenditure to develop and study the feasibility of the project.
March 9, 2016 MMG swings to loss and books $784 million write down The overseas unit of China’s largest state-owned copper and zinc producer is the latest victim of a sustained rout in metal prices.
March 8, 2016 Growing a global copper producer in a terrible market It hasn’t been much fun for base metal producers in recent years. As Karl Simich, Managing Director and CEO of Sandfire Resources, puts it bluntly, the price of copper has…
March 8, 2016 Vale-Fortescue iron ore pact a win-win deal — analysts Long-term, the deal could be viewed as the first step of a more disciplined approach to iron ore supply by aligning two of the world’s “big four” producers of the…
March 7, 2016 Top 5 iron ore firms value shoots up $62bn in just five weeks Riding a rocketing iron ore price, market cap of Vale, Rio Tinto, BHP Billiton, Fortescue Metals and Anglo American gain a combined 54% since early February.
March 7, 2016 Insane rally rockets iron ore price past $60 Iron ore price posts largest one-day gain ever surging 19.5% to $62.60 a tonne in frenzied Chinese trading.
March 7, 2016 Global mining exploration down 19% in 2015 The global exploration sector continues to struggle against strong market headwinds, a new reprt shows.
March 3, 2016 Iron ore price jumps to new 2016 high Latest advance sees year-to-date rally top 20% ahead of crucial economic policy-setting meeting of Chinese leaders.
March 3, 2016 Former Aussie coal magnate Nathan Tinkler officially bankrupt Once Australia's youngest billionaire, the electrician turned coal baron has failed to pay off his private jet and other debts and is now officially ruined.
March 2, 2016 Barrick announces ‘drastic revision’ of Pascua-Lama, may add partner Analysts believe that Barrick’s partner in Papua New Guinea, Zijin Mining Group, could be the one to help turn Pascua-Lama into a success.
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