December 4, 2015 Down again: iron ore sinks below $40 a tonne It hit $39.40 a tonne, the lowest price ever recorded by price assessor The Steel Index (TSI), which began compiling data in 2008.
December 4, 2015 China’s steel giants lost $11 billion in first 10 months of 2015 That is more than double the profits reaped in 2014.
December 4, 2015 Giant mine pit ‘swallowing’ 400-year-old Peruvian town The Peruvian city of Cerro de Pasco, perched high up in the Andes, is about to sink — literally and metaphorically — into the deeps of a half-century-old, open-pit zinc…
December 2, 2015 Rio Tinto unveils one of largest diamonds ever found in Canada The 187.7-carat Diavik Foxfire diamond will be showcased in London before returning to Antwerp for detailed assessment.
December 2, 2015 World’s two biggest miners walking away from coal, but they are not telling BHP Billiton and Rio Tinto have significantly cut their investments in coal, while repositioning behind the scenes.
December 2, 2015 Canadian Oil Sands to stay in the black even if crude prices keep falling The company, currently the target of a $4.3 billion takeover bid by Suncor, unveiled a pared-back capital budget that cuts spending by 20% year-over-year to $295 million in 2016.
December 1, 2015 Glencore could sell its troubled South African Optimum coal mine Glencore's struggling South African unit, Optimum, which is currently embroiled in a dispute over the price of coal with power utility Eskom could be sold off, a firm appointed to…
December 1, 2015 Swiss scientists make gold nugget ‘as light as air’ The gold nugget is also about 1,000 times cheaper than solid gold.
December 1, 2015 Barrick completes sale of 50% of Zaldívar copper mine to Antofagasta The proceeds of the sale will be used to reduce a debt pile of $13 billion with a target of wiping out $3 billion this year.
December 1, 2015 Gina Rinehart’s Roy Hill iron ore mine readies for first shipment Roy Hill iron ore mine will soon start exporting the steelmaking material, just as prices hit a fresh seven-year low.
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
