October 26, 2015 Chinese scrap at 10-year low pressures iron ore price Chinese scrap – typically around 90% Fe – has fallen to below 62% iron ore at its 2011 peak and below domestic pig iron prices.
October 26, 2015 Weak metal prices to hit miners through 2016 — Moody’s The situation, says the ratings agency, won’t change over the next 12 to 18 months, and metal prices may fall even further.
October 26, 2015 Rick Rule: I am too wise to call a bottom in mining Rick has seen too many cycles to answer a question like that.
October 23, 2015 Iron ore price drops to 3-month low Vale's scorched earth strategy pays off: production on its way to 450 million tonnes at an astonishing cost of just $12.70 a tonne.
October 23, 2015 MMG’s gigantic Las Bambas mine in Peru to open next year despite protests The copper mine, one of the world's biggest, is on track to begin production in the first quarter of 2016, despite weak prices and relentless protests against the project.
October 22, 2015 Caterpillar misses on earnings, slashes outlook The world's largest equipment maker not only reported lower quarterly profits, but also cut its 2015 earnings forecast and warned its revenue would fall even further next year.
October 22, 2015 Freeport logs third-quarter loss after massive oil and gas write-down The U.S’s largest mining company unveils plans to further slash copper and molybdenum output.
October 22, 2015 Teck Resources swings to loss after $1.7 billion charge Earnings, however, beat analysts’ estimates as Canada’s largest diversified miner cut costs to deal with weak commodity prices.
October 21, 2015 Venezuela ready to dump 80 tonnes of gold With no hard currency and $5 billion in debt payments due before the end of the year, the country's bullion held in Caracas is its only source of cash.
October 21, 2015 Latin American mines prioritising investments towards machine automation A recent survey of over 100 decision-makers at Latin American mines by Timetric’s Mining Intelligence Centre (MIC) has found a higher share of respondents plan to invest in remote control…
Iran says potential energy, mining deals on table in talks with US Iran has threatened to strike US bases in the Middle East if it is attacked by US forces but on Sunday took a conciliatory line. February 15, 2026 | 09:34 am