January 27, 2016

Current mining downturn not a ‘normal’ one — Moody’s

The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.

January 27, 2016

Coal dropped from Vietnam’s future energy plans

Prime Minister's decision wipes out plans to construct 70 large new coal power plants, in favour of gas, and renewables, such as wind and solar.

January 26, 2016

Gold hits 12-week high, on track for best month in a year

Bullion prices are also set for a gradual recovery this year as demand increases in Asia and mine production contracts.

January 26, 2016

Freeport-McMoRan reports 4Q loss on metals, oil slump

Quarterly net loss attributable to common stock was $4.08 billion, or $3.47 per share, compared with a loss of $2.85 billion, or $2.75 per share, last year.

January 26, 2016

Vale reopens iron port for at least 60 days

The company has now at least 60 days to come up with a plan to address and fix pollution problems tied to its operations Tubarão, one of Vale's most important…

January 26, 2016

Samsung launches gold smart watch way cheaper than Apple’s

While Apple's costs $17,000, Samsung's is expected to go for about $520.

January 25, 2016

Iran goes beyond oil — to sign $5.4bn in mining deals with Italy, France

Iran is opening $29 billion of projects to foreign investors now that sanctions have been lifted.

January 25, 2016

North America’s 10 highest mines

North America's highest mines are all concentrated in just four states

January 25, 2016

Anglo American Platinum full-year loss to hit over $850 million

Only last month, the South African miner announced it was postponing all investment in new or replacement capacity until at least 2017

January 25, 2016

Stellar Diamonds just found a big rock at its Guinea project

The discovery of the 55-carat diamond confirms the presence of large stones in the area, said the company.