July 21, 2015

Gold crash isn’t over — prices near five-year lows

The yellow metal was on the brink of five-year lows on Tuesday, with further losses expected in the coming months.

July 16, 2015

The world’s highest grade gold mines

Canadian mine takes top honours but Russia and USA dominate the rankings.

July 16, 2015

Anglo American to write down up to $4bn on weak commodity prices

This would be second multi-billion dollar impairment charge Anglo takes this year on its coal and iron ore assets.

July 15, 2015

Shrinking Chinese steel market will drag down iron ore price

The price of iron ore is holding above $50 for now, but a contraction in Chinese steel output will see producers increasingly fight for market share.

July 15, 2015

Anglo American likely to cut dividend amid commodities collapse

It would be the first time since 2009 that Anglo has to cut dividends.

July 14, 2015

The long and controversial history of uranium mining in Australia

Last month’s announcement that Energy Resources Australia will pull the plug on the Ranger uranium mine in the Northern Territory signals the end of one of the most controversial chapters…

July 10, 2015

Scientists, environmentalists call for freeze in deep sea mining permits

A group of scientists is asking international authorities to temporarily halt the approval of new underwater mining contracts until further environmental controls are put in place.

July 9, 2015

Iron ore prices: the worst is yet to come

Despite the rosy outlook from Australia’s top iron ore producers, they are all facing staggering demand from their biggest customer — China.

July 8, 2015

Iron ore nose-dives, hits fresh lows of $44.6 per tonne

Chinese import price for 62% iron content fines at the port of Qinqdao lost $5.01 or 10.01% of its value to $44.59 a tonne, the largest percentage drop on record.

July 8, 2015

NSW conditional approval for new coal mine slammed

Federal Agriculture Minister Barnaby Joyce has hit out at the Government's decision to give conditional approval for a huge open-cut coal mine near prime agricultural land.