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.”
Rio Tinto’s fourth-quarter iron ore, copper output beat estimates Despite the comeback performance, Rio Tinto is still in danger of losing the top producer spot to Brazil's Vale. January 20, 2026 | 02:08 pm
