March 30, 2015

Canpotex finalizes pricing deal with China

While it did not release price terms, it is believed the group will be selling its crop nutrient for US$315 per a tonne,

March 27, 2015

PetroChina wants to smoothly sail away from the oil sand business

The oil giant is “actively engaged” in talks to swap North American assets, mostly Canadian, with international oil companies.

March 27, 2015

Chinese miners keep digging for iron ore despite most losing money

The situation, industry officials said Friday, can’t continue for much longer.

March 27, 2015

Scepticism grows over North Korea’s massive rare earth discovery

Experts are raising questions about the legitimacy of North Korea's estimated reserves of rare earths, used from computers to cars and defense missiles.

March 26, 2015

Iron ore price output caps called ‘hare brained’

Rio's Sam Walsh says any scheme to artificially prop up prices hovering at six-year lows is "physically not going to work."

March 26, 2015

$60 billion for mining private equity a myth

Looking for an exit or a lifeline? Look further says $8 billion fund manager.

March 26, 2015

Glencore shutting down its West Wallsend coal mine in Australia

The firm said poor coal prices meant it would not make sense to extend the life of the mine.

March 25, 2015

Australia’s regulator goes after Fortescue for demanding iron ore output cap

The competition watchdog did not welcome chairman Andrew “Twiggy” Forrest call for rivals Rio, BHP and Vale to agree to cap production.

March 24, 2015

M. Stanley slashes metals outlook on ‘dormant’ China

Investment bank cuts 2015 nickel price forecast by 19%, while copper price estimate is slashed as market moves into oversupply.

March 24, 2015

Rio Tinto, Alcoa step aside for Australia’s largest national park

They'll hand back more than 175,000 hectares of prime conservation land they have held since 1971 to West Australia, ditching plans to build a bauxite mine and an alumina refinery…