December 9, 2015 Freeport follows Anglo’s lead: suspends dividend, cuts spending, eyes assets sales The U.S. miner became the latest mining company to announced drastic measures aimed at preserving cash amid a deepening commodity prices rout.
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 9, 2015 Hillary Clinton’s emails reveal pro deep sea miner move after request from son-in-law The 2012 emails from an investor in Florida-based deep sea mining firm Neptune Minerals Inc. were forwarded to Clinton by her son-in-law and hedge fund partner Marc Mezvinsky.
December 8, 2015 Anglo American to cut 85,000 jobs, dividend and assets in sweeping restructuring The job cuts, part of a major overhaul, are far greater than the 53,000 positions the miner said it would cut in July.
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 8, 2015 Canadian Arctic readies for world’s largest diamond mine opening The Gahcho Kué mine will take in a number of the hundreds of workers laid off at Snap Lake.
December 7, 2015 Adani wants opposition to its coal mine in Australia to be over by law The company wants an "indisputable and final" go-ahead for Carmichael, considered Australia’s largest thermal coal project ever.
December 7, 2015 More than 400 jobs to go at South32 manganese mine in South Africa The country's largest mining union said it had received notice from South32 about the planned cuts and wants the government to intervene.
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.
December 4, 2015 Anglo American set to announce dividend cut next week One of the miner’s worst kept secret may be revealed as soon as Tuesday.
Chile’s Mantoverde copper output hit as labor talks stall, union says The labor authority had notified that the company will not have emergency personnel from the union to keep facilities operational. January 12, 2026 | 11:18 am
