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.

June 1, 2014

IMAGE GALLERY: Stuck in the mud

Lots of work for someone.

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.”

May 28, 2014

Iron ore price hits fresh lows as Beijing warns of supply flood

Shares in producers fall after China's powerful central planning agency says country's "high steel demand period has passed" and inventories will stay high.

May 28, 2014

Rio Tinto to axe hundreds of jobs at Oyu Tolgoi mine

Amid the miner's efforts to reduce costs at its gigantic copper and gold operation in Mongolia.

May 28, 2014

Australia not adventurous enough in commitment to ‘essential hunting ground’ of Latin America

The region produces 45% of the world’s copper, 50% of its silver, 26% of its molybdenum, and equally high percentages of zinc, gold and iron ore.