March 24, 2015 Freeport axes dividend by 84% amid weak commodity prices The copper and gold miner will pay a dividend of 5 cents.
March 23, 2015 Cliffs sells Ontario’s Ring of Fire claims to Noront for $20 million The U.S. miner said the sale is part of a strategy to divest non-core assets and focus on supplying iron ore pellets to the North American steel industry.
March 23, 2015 South Africa woes cast doubt on BHP spin-off success There are a number of challenges South32 is likely to face, including potential Black Economic Empowerment ownership concessions and power price hikes.
March 22, 2015 Coal projects, port expansion could permanently damage Great Barrier Reef: report The Great Barrier Reef is at risk of permanent damage should huge coalmining and a port development in Queensland go ahead, scientists say in a new report.
March 20, 2015 A “wave of bankruptcies” about to hit coal industry The future for the coal industry is looking “increasingly bleak,” according to an investor’s note from Macquarie Research.
March 20, 2015 China claims coal mine deaths down to record low Coal mine fatalities in China dropped almost 87% to 931 last year from more than 7,000 casualties registered in the sector in 2002, according to official figures recently disclosed.
March 18, 2015 No end in sight for mining sector gloomy state: report The first two months of 2015 failed miserably to dispel gloomy market conditions affecting the global mining industry, according to a study published Wednesday.
March 18, 2015 Why Goldman Sachs is wrong about commodity prices: Philip Richards In this interview with The Mining Report, Richards discusses his outlook for oil, gold, vanadium, zinc and nickel, and profiles companies with projects that will see the light of day…
March 18, 2015 Foresight deal would land Murray Energy at top of US coal’s two hottest basins Murray Energy plans to expand its footprint in the U.S. coal sector's other geographical hot spot with a major $1.40 billion investment in Illinois Basin-producer Foresight Energy LP.
March 17, 2015 Coal, iron ore prices unlikely to rise until at least 2016 Westpac’s chief economist says with demand out of China unclear coming into the New Year, and high volumes of iron ore being exported to the country, price volatility will continue.
