January 13, 2015

Queensland coal exports reached record high in 2014

In 2013-14, Queensland coal producers spent $19 billion state-wide on wages, goods and services and voluntary community contributions.

January 12, 2015

China’s green ban hitting Aussie coal exporters hard

Australia exports as much as 49 million tonnes of thermal coal a year to China.

January 12, 2015

Rio Tinto to spend at least $500 million to advance diamond project in India

The Bunder project will be one of the only four diamond mines to be operational over the next decade.

January 9, 2015

CHARTS: Iron ore price won’t withstand 2015 supply flood

Dozens of mines closed last year but another 175 million tonnes will have to drop out to neutralize 2015 output growth, which unlike copper is de-risked.

January 8, 2015

BHP Billiton Sustainable Communities Donates A$250,000 to the Sampson Flat Bushfire Relief Fund in South Australia

In response to the significant impact of the recent South Australian bushfires on local communities, BHP Billiton Sustainable Communities today donated A$250,000 to the State Emergency Relief Fund.

January 7, 2015

Buckley: China’s declining coal dependence Is evident in the data

The bottom line today is that the traditional nexus between real GDP growth, electricity expansion and coal demand is now broken.

January 7, 2015

Copper sector needs nine Escondida mines over next decade to meet global demand: Rio Tinto

The miner believes that while the market is oversupplied now it will tighten from 2018.

January 6, 2015

Silver price in 2015: Better the devil you know

Strong fundamentals will lift the price, but all bets are off if the many ETF investors who bought between $20–$30 lose confidence and start liquidating en masse.

January 6, 2015

Gold price in 2015: Playing Russian roulette

The US dollar together with rates and inflation expectations will keep advances in check, but all bets are off if Russia and/or Euroland turn to chaos.

January 5, 2015

Silver Wheaton extends Barrick’s deadline to fulfill Pascua Lama silver deal

In the meantime, the miner will receive silver produced at three other Barrick operations in South America.