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.
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…
Iron ore price drops below $100 as global fundamentals remain weak Futures for 61%-content ore shed as much as 1.3% to $99.35 a ton in Singapore. February 06, 2026 | 07:12 am
