BHP to pay $840 million to break from coal in ChileEscondida and Spence mines have ended a 2008 energy contract with a coal-fired thermoelectric plant early.Cecilia Jamasmie | August 10, 2020 | 7:00 am
MINING.COM MINUTE: Biggest stories of the weekGlencore posts $2.6 billion loss, gold rally, Skeena final deal…MINING.com Editor | August 7, 2020 | 8:57 am
Peabody biggest loss follows writedown of top US coal mineThe largest US coal producer took a $1.42 billion impairment…Bloomberg News | August 5, 2020 | 1:49 pm
2016 metals, mining outlook darkens World Bank revises down growth rate for commodity exporting countries to just 0.4%, predicts 15% decline in metal prices this year. Frik Els | June 7, 2016 | 1:02 pm
Top miners squandered $200 billion during boom Capital spending by the world's largest miners since 2010 amounted to $632 billion – 32% of which has now been written off says new report. Frik Els | June 7, 2016 | 10:51 am
US government expected to green-light first private Moon mission An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works. Cecilia Jamasmie | June 7, 2016 | 4:05 am
Commodities storming back into bull market Most analysts believe the commodities market has turned a corner and that prices are unlikely to return to lows seen in the past year. Cecilia Jamasmie | June 6, 2016 | 6:38 am
Coal rides commodities rally in push to 10-month high in Europe The fuel has rallied 50% since February, when it plunged to the lowest since at least 2007. Bloomberg News | June 6, 2016 | 12:43 am
Low coal prices force Glencore to shut Australia’s Tahmoor mine About 350 people will lose their jobs when the mine closes in early 2019. Cecilia Jamasmie | June 2, 2016 | 7:54 am
Joy Global surprises with quarterly profit, shares jump The results, which surpassed Wall Street expectations, come on the back of a modest increase in service sales and aggressive cost cuts. Cecilia Jamasmie | June 2, 2016 | 5:42 am
Brazil’s mining sector to recover lost ground as iron ore, metal prices stabilize Higher gold prices will push miners to restart or speed up development of projects, leading a fresh wave of mergers and acquisitions in the country, according to BMI Research. Cecilia Jamasmie | June 1, 2016 | 4:34 am
CHARTS: Brutal May for metals and miners A sharp reversal in metals and minerals prices during May see top mining companies shed billions in market value. Frik Els | May 31, 2016 | 4:02 pm