Cecilia Jamasmie , Editor-in-Chief

Ailing gold prices down to 3-year low, precious metals follow

Precious metals crashed steeply overnight with gold and silver hitting fresh lows, and the yellow shiny metal heading towards its worst quarter in decades.

Cecilia Jamasmie | June 26, 2013 | 1:32 pm

Mongolia sealed its mining faith: election results imminent

In recent years the country has seen a mining boom drive outstanding economic growth, but wealth gap and pollution concerns are changing the country's view towards foreign resource firms.

Cecilia Jamasmie | June 26, 2013 | 9:51 am

China, Brazil boost potash imports in Q1

The two nations led the list of potash buyers during the first quarter of 2013, according to Scotiabank’s monthly commodity index.

Cecilia Jamasmie | June 25, 2013 | 6:53 pm

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

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