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.
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.
Copper at heart of probable Rio bid for Glencore: RBC A premium of 15% to 30% to Glencore’s early January share price could get the deal done, RBC analyst said. January 18, 2026 | 06:47 am
