May 13, 2015 Giving up on iron ore best option for Anglo American — Investec The bank says Anglo could use the funds it gets for dividends and to invest in its much stronger sectors, copper and diamonds.
May 13, 2015 Glencore under fire on Colombia coal mines The commodity and mining firm is battling activists who allege its Colombian coal mines have whisked profits out of the country, while causing environmental and labor issues.
May 12, 2015 Patriot Coal files for bankruptcy, in talks to sell all assets The US coal miner listed assets and liabilities of more than $1 billion each in court filings.
May 12, 2015 Glencore CEO says rivals pushing mining sector into confidence crisis Ivan Glasenberg has once again slammed his competitors, who he accuses of damaging the credibility of the mining industry.
May 12, 2015 This is how BHP plans to be the world’s lowest-cost iron ore miner CEO Andrew Mackenzie announced the firm would cut capital and exploration expenditure to $9 billion in the 2016 financial year from $12.6 billion in 2015.
May 12, 2015 Spot uranium price ignores fundamentals The main reason for price correction may not be the growing demand but the producers’ inability to meet the consumers’ price expectations.
May 12, 2015 Major blow to illegal mining in Colombia’s Amazon: 59 arrested The country's armed forces raided 63 illegal mines operated by leftist guerrillas, blowing up machinery and arresting dozens.
May 11, 2015 World Bank grants Tanzania $45 million to improve mining sector Africa's No.4 gold producer is also rich in coal, uranium, diamonds, emeralds, rubies and sapphires.
May 11, 2015 Rio’s new coal chief sees commodity recovery in the ‘very’ far distance Jean-Sébastien Jacques thinks it will take three to four years for thermal coal prices to recover.
May 10, 2015 Government board rules against Arctic uranium mine A $2.1 billion proposal to build a uranium mine in the Canadian far north will not be proceeding anytime soon.
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