July 12, 2016 Glencore to sell Australian coal train fleet within 3 months It expects to fetch between $755 million to $1.1 billion for the nine trains, which carry coal from mines in NSW to port operations on Australia's eastern seaboard.
July 12, 2016 Iron ore skyrockets to nearly $60 per tonne Chinese import price for 62% iron content fines at the port of Qinqdao rose 6.7% to $59.38 a tonne, the largest one-day percentage increase since April 21.
July 11, 2016 Bottlenecks expected as more Canadian oil meets tight pipe space Hundreds of thousands of barrels of new supply will have difficulty finding space in crowded pipelines.
July 11, 2016 Record lows instead of highs for gold prices in this key market It appears that India’s gold buyers are still staying away from the market. In fact, the situation in terms of physical demand is one of the most dire ever seen…
July 11, 2016 Gold price rally helps producers climb world’s top 25 mining companies list Study shows there are more bullion miners among higher market capital ranking of mining companies in second quarter of 2016 than a year a go.
July 11, 2016 Sibanye may close loss-making Cooke 4 mine, puts 2,500 jobs on the line The company said financial losses at the mine threaten the viability of the rest of the Cooke operations, which include four mines and three processing plants.
July 11, 2016 Russia gets $813m for stake in diamond company Alrosa The sum obtained after selling 10.9% of the state-controlled diamond producer will be used to cut budget deficit, the government said.
July 8, 2016 China, Russia mull setting joint gold mining fund The new investment fund would focus on financing gold mining projects in eastern Russia.
July 8, 2016 Deutsche Bank ditches coal investments The German banking giant is the last lender to pull back from the embattled coal sector.
July 8, 2016 BHP Billiton’s Olympic Dam set to reach highest copper production in a decade Red metal production at the copper-uranium mine is expected to hit around 230,000 tonnes by 2021, but there is potential for up to 450,000 tonnes per year.
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
