October 30, 2015

Japan tightens grip on Kazakhstan’s emerging rare earths sector

The Japanese Oil, Gas and Metals National Corporation (JOGMEC) has signed a deal with local authorities to jointly explore for rare earths in the Karaganda and Kostanay regions.

October 29, 2015

Increase in rare earth prices will not affect global market, demand

The increase in prices by China's largest rare earth miner will not have a material effect on global prices or demand, according to a leading expert on the sector.

October 29, 2015

Myanmar’s $31bn ‘secretive’ jade industry keeps fuelling rights abuses

Most of the profit goes to powerful military and ex-junta figures instead of the state coffers, a report reveals.

October 29, 2015

Mining industry value drops below one trillion dollars

In 2011, during the peak of the so-called “mining boom”, the sector was worth nearly US$2.5 trillion.

October 28, 2015

Iron ore price crashes through $50

"The major producers are adding incremental volume at around $20 a tonne, that gives you a sense of where the vulnerability is."

October 28, 2015

Drop in mining sales takes toll on Komatsu Q2 results

Construction and mining equipment account for almost 90% of Komatsu’s revenue.

October 27, 2015

US coal miner Murray Energy sues Obama Administration

The Ohio-based company says the new ozone standards will severely harm the country's already battered coal industry.

October 27, 2015

Russia and China increase gold holdings while central banks continue their expansionary monetary policy

Even though the price of gold failed to make a decisive break above the 200 day Moving average, the price looks set to continue its upward trajectory.

October 26, 2015

Chinese scrap at 10-year low pressures iron ore price

Chinese scrap – typically around 90% Fe – has fallen to below 62% iron ore at its 2011 peak and below domestic pig iron prices.

October 26, 2015

Weak metal prices to hit miners through 2016 — Moody’s

The situation, says the ratings agency, won’t change over the next 12 to 18 months, and metal prices may fall even further.