December 17, 2015 Goldman forecasts even more pain for iron ore The bank says prices will remain under $40 a ton for the next three years as China’s slowdown forces the sector into a long period of hibernation.
December 16, 2015 Myanmar’s jade trade turns frantic Using heavy earth-excavators and explosives, miners have been tearing into Myanmar’s northern hills in recent months, before a new government takes office next year.
December 16, 2015 Joy Global swings to loss, cuts dividend The mining equipment maker said business conditions continue to be tough mostly due to a slower-than-expected recovery in the global economy and weak commodity prices.
December 15, 2015 The Chinese scramble to mine Africa 25-fold investment jump in less than a decade. That's how fast China's gaining control over Africa’s mining industry. And Beijing's only pushing harder now.
December 13, 2015 Falling Chinese steel demand means more bad news for iron ore The pain for iron ore producers is not expected to let up anytime soon, as numbers out of China indicate that steel demand is dropping.
December 10, 2015 China takes a big step forward On November 30th the International Monetary Fund (IMF) announced that it would admit China's Renminbi currency, commonly known as the Yuan, to the select basket of reserve currencies that make…
December 9, 2015 US coal industry on board ‘slow-motion train wreck’— report Analysts from McKinsey and Co. warn the U.S. is currently home to a collection of “zombie mines” that cannot turn a profit, but are too costly to close.
December 8, 2015 Chinese commodity demand: Crisis. What crisis? In volume terms Chinese imports of commodities led by iron ore and copper surged 17% in November, the best month in nearly two years.
December 8, 2015 Rio Tinto axes spending forecast by $1.5 billion Once again the world's second largest mining company has cut its spending forecast for 2016, as iron ore hit new lows.
December 7, 2015 Glencore axes jobs, coal output at Australia’s mine as price collapses The company will start cutting nearly 80% of its workforce at its Collinsville coal mine in March next year, as it dials back mining at the site.
Op-Ed: America can’t defend itself with Chinese minerals US is building new critical-mineral processing facilities from Texas to Tennessee, but without new sources of raw material, those plants will sit idle. January 23, 2026 | 12:56 pm