June 5, 2014 BHP admits mistakes in its China, iron ore strategy CEO Andrew Mackenzie says miner's China-focused investment is shifting and its rapid iron ore expansion came at the expense of the overall business.
June 5, 2014 Miners profits sank 72% over past year, lowest level in a decade Global net profits have dropped to $20 billion in the last year, with gold, coal and diversified miners being the worst affected.
June 4, 2014 Halved since 2011, EPA rules to push coal price down another 20% EPA's radical new rules make building new coal-fired power plants unfeasible while 15% of existing capacity will be shut down within two years, reducing demand.
June 3, 2014 IEA: Coal mining needs $735 billion investment through 2035 With a further $300 billion in coal transportation infrastructure to meet global demand over the next 20 years.
June 3, 2014 Rio: $80 iron ore price means ‘a lot’ of miners will disappear CEO Sam Walsh: "We are the lowest-cost producer in the world with costs of $20 per tonne; I think we’ll be OK."
June 3, 2014 Kimberley Diamonds restarts Botswana Lerala mine The Australian miner said it plans to spend $15 million to restart the operation, with work is expected to begin in the first half of 2015.
June 2, 2014 Iron ore price breaks fall After unnerving 7% slide last week, iron ore managed to eke out a small price gain Monday.
May 29, 2014 Global Energy Drive Will Ensure Copper Demand Not Likely To Let Up Any Time Soon: Cobre Montana There will be no let-up in global demand for copper for a very long time as the cycle will be driven by the ongoing expansion of conventional and non-conventional power…
May 29, 2014 Major new coal projects unlikely to be profitable: Goldman Sachs The bank analysts say the window for profitable investment in new thermal coal mining and infrastructure capacity “has closed.”
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
