December 14, 2015

Austria says it has repatriated 15 tonnes of gold from London

Austria has repatriated 15 tonnes of its gold reserves as part of a plan to hold half its stock of the precious metal within the country's borders.

December 13, 2015

Battle over coal mine reveals Russian billionaire’s UK links

A British private equity firm is battling for the return of a £250m mine in Russia it believes was transferred illegally to a company linked to a Siberian billionaire.

December 12, 2015

Nazi gold train rumours to be determined true or not in ‘matter of days’

Experts from Krakow University of Science and Technology are almost ready to release their findings.

December 11, 2015

Some think not too soon for Anglo obituary

Anglo-American perceived as "the most likely of the diversified mining majors to go bust" even if it "goes down fighting".

December 11, 2015

African Potash soars on fertilizer trade deal

The agreement with Windmill, a private fertilizer producer in Southern Africa, is expected to bring in net revenue of $300,000.

December 11, 2015

World’s first seafloor miner inks copper sales deal with Chinese customer

The new agreement replaces a previous three-year contract that would have seen Nautilus supplying 1.1 million tonnes of unrefined copper ore to Tongling Nonferrous Metals Group.

December 11, 2015

Supply/demand balance in diamonds could be reached by mid-2016

Despite the fact that the diamond industry is heavily concentrated, and still possesses tones congruent with its relatively recently removed history of being a monopoly, end-consumer demand is still what…

December 10, 2015

Investors going crazy for world no 1 commodity company

For all the wrong reasons.

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.