Cost-cutting Rio to offload Mozambique coal unit The mining giant is in the process of choosing a financial adviser to assist with the transaction. Cecilia Jamasmie | June 25, 2013 | 5:19 pm
Batista close to selling its iron ore darling MMX Glencore Xstrata, Brazilian investment bank BTG Pactual and Dutch trading company Trafigura among the runners up. Cecilia Jamasmie | June 25, 2013 | 4:34 pm
Russia, Kazakhstan increased gold holdings in May Central banks demand for gold is set to continue as macroeconomic, geopolitical and monetary uncertainty are here to stay, says the IMF. Cecilia Jamasmie | June 25, 2013 | 3:29 pm
Glencore Xstrata, Peabody lay off over 500 Aussie coal miners Pushed by a global surplus of coal that is negatively affecting its price. Cecilia Jamasmie | June 25, 2013 | 2:57 pm
South African miners demand gold companies to more than double their wages The AMCU, South Africa's fastest-growing mining labour, is also asking gold firms to triple the current base wage for surface miners. Cecilia Jamasmie | June 25, 2013 | 11:31 am
‘Storm of writedowns’ coming up for gold miners It will be an extremely important and interesting half-year results season for gold miners, say experts. Cecilia Jamasmie | June 24, 2013 | 7:23 pm
Copper down to 2010 levels; China and record-high inventories to blame New York-traded copper prices fell by as much as 3.3% earlier in the session, hitting a daily low of $2.994 a pound. Cecilia Jamasmie | June 24, 2013 | 6:19 pm
Enbridge’s oil lines in Alberta still shut after weekend spill Major oil Canadian pipelines that move almost 1 million barrels per day (bpd) of Alberta oil sands crude, remained shut on Monday. Cecilia Jamasmie | June 24, 2013 | 5:25 pm
Mining wealth distribution at heart of Mongolia’s presidential elections Regardless of who is elected, analysts agree that Rio's Oyu Tolgoi, the largest foreign investment in Mongolia, will be the first and main target for the new president. Cecilia Jamasmie | June 24, 2013 | 4:12 pm
Illegal gold mining profits for rebels in Colombia five times larger than cocaine A kilogram of cocaine can sell for about $2,570 in the Colombian jungle, while a kilogram of gold can fetch 19 times that, say insiders. Cecilia Jamasmie | June 24, 2013 | 12:25 pm
