November 25, 2015

Vale to slash iron ore output target, but opening world’s largest mine in 2016

The miner is likely to cut its iron ore output target for the year from 376 million tonnes to 355 mt, says independent investment bank BTG Pactual.

November 24, 2015

Copper price: Lower for longer

Study shows copper price fall matches previous down-cycles going back to 1975, but expect a long painful slog before a sustained recovery.

November 24, 2015

Iron ore price hits record low

Chorus predicting iron ore in the $30s before the end of the year grow louder as Chinese buying dries up.

November 24, 2015

Most copper producers in Chile barely breaking even — mining group

The ongoing slump in copper prices spells trouble for Chile's mining industry, where most medium-sized producers are already unable to make a profit.

November 23, 2015

Frantic search in Myanmar as deadly landslide at jade mine leaves dozens still missing

Death toll has climbed to over 100, and there are at least another 100 still missing.

November 20, 2015

Goldman: Iron ore price to decline next two years

"Prices must overshoot relative to marginal production costs in order to trigger mine closures on a sufficient scale."

November 20, 2015

Global coal imports heading for second year of ‘dramatic’ drops

The EIA says China and India are to blame, as imports from both nations — which from 2008 to 2013 accounted for 98% of the increase in world coal trade…

November 20, 2015

China admits to have killed 28 suspects on coal mine knife attack

The deaths of the alleged "terrorists" took place over a 56-day operation by security forces, the Chinese government said.

November 19, 2015

Chinese commodity trade barometer at record low

The Baltic Dry Index which tracks bulk shipping rates on more than 50 routes around the world drops to lowest since 1985.

November 19, 2015

Caterpillar sales down again, almost three straight years

The biggest drops were in the construction sector in Latin America (-41%) and in the resources industry in Asia (-37%).