June 9, 2016 Australia recovers lost ground, named world’s top mining investment destination Canada slipped in the Fraser Institute’s global ranking, while Chile remains the most attractive jurisdiction in Latin America.
June 8, 2016 China on track to import 1 billion tonnes of iron ore this year Chinese import volumes jumped 22% in May compared to last year giving support to iron ore price back above $50 a tonne.
June 8, 2016 China’s copper concentrate imports surge again Chinese smelters take in 45% more copper concentrate in May bringing year-to-date imports to whopping 6.7 million tonnes.
June 8, 2016 Afghanistan deploys security forces in large illegal mining crackdown The country lost at least $27.5 million in revenue from lapis lazuli between 2014 and 2015. In contrast, armed groups earned about $20 million just in 2014.
June 7, 2016 Iron ore jumps to two-week high Firmly back above $50 a tonne as miners' cost deflation eases.
June 7, 2016 Copper price plummets as stocks pile up Plenty of metal on offer as Chinese demand stays lacklustre.
June 7, 2016 2016 metals, mining outlook darkens World Bank revises down growth rate for commodity exporting countries to just 0.4%, predicts 15% decline in metal prices this year.
June 7, 2016 Top miners squandered $200 billion during boom Capital spending by the world's largest miners since 2010 amounted to $632 billion – 32% of which has now been written off says new report.
June 7, 2016 Chinese mining companies feel misled by Canada, report says An internal report by Ottawa's ambassador to Beijing details a raft of complaints from the China Mining Council about the unwanted surprises some mining companies encountered in Canada.
June 2, 2016 Sirius Minerals lines up contractors for huge potash mine, may lower cost estimates Sirius' mine, located beneath a U.K. national park, is set to generate an initial 10 million tonnes per year of polyhalite – a form of potash.
Gold and silver prices stumble at the end of best year since the 1970s Both metals are on track for their best year since 1979. December 31, 2025 | 12:59 pm
