January 27, 2015 Cliffs restructures Bloom Lake iron ore mine, seeks creditor protection Chief Executive Lourenco Goncalves said restructuring proceedings have begun in Montreal and sale options will be explored.
January 27, 2015 Lower gas prices weigh on Peabody’s weak results, expected coal demand The U.S. No.1 coal producer projects a much wider-than-expected loss for the current quarter.
January 27, 2015 Freeport-McMoRan slashes capital spending, to divest stake in Indonesian unit The U.S. largest miner by market value and revenue has already slashed its capital budget for the year by $2bn and it is ready to make further cuts.
January 27, 2015 Commodity prices hit Caterpillar profit — down 25% CAT keeps slashing costs as it tries to offset issues out of its control, such as the falling price for everything from iron ore to oil.
January 27, 2015 Congo risking billions with planned tax hike, mining code revision The central Africa nation may also lose its position as the continent’s top copper producer.
January 26, 2015 Rio Tinto to drop Oyu Tolgoi $1.6bn royalty if expansion gets ok from Mongolia Documents obtained and verified by The Australian, show that Rio Tinto offered Mongolia to forsake a “net smelter return” of 2% cent of the project’s revenue.
January 26, 2015 No recession for Alberta, just ‘zero growth’ as oil price nosedives According to TD's latest report, real GDP growth in Alberta will inch forward by only 0.5% this year before speeding up to 1.8% in 2016.
January 26, 2015 Zambia’s new leader to keep polemic mining tax Newly elected President Edgar Lungu wants to keep mining royalties at 20%, as opposed to the 6% companies were paying a month ago.
January 26, 2015 Undisclosed number of diamonds stolen from South African mine Sixteen men, who failed to access a safe, broke into a room used for sorting diamonds near Prieska Monday morning.
January 26, 2015 Cliffs Natural removes quarterly dividend to repay debt It also said it has reduced its net debt balance by more than $400 million.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
