MINING.COM

Lower gas prices weigh on Peabody’s weak results, expected coal demand

The U.S. No.1 coal producer projects a much wider-than-expected loss for the current quarter.

Cecilia Jamasmie | January 27, 2015 | 5:09 pm

Freeport-McMoRan slashes capital spending, to divest stake in Indonesian unit

The U.S. largest miner by market value and revenue has already slashed its capital budget for the year by $2bn and it is ready to make further cuts.

Cecilia Jamasmie | January 27, 2015 | 4:35 pm

Congo risking billions with planned tax hike, mining code revision

The central Africa nation may also lose its position as the continent’s top copper producer.

Cecilia Jamasmie | January 27, 2015 | 12:25 pm

Cliffs Natural removes quarterly dividend to repay debt

It also said it has reduced its net debt balance by more than $400 million.

Cecilia Jamasmie | January 26, 2015 | 11:55 am

Kosovo miners return from underground, ending 3-day strike

Hundreds of miners in Kosovo are back on shift following a three-day work stoppage to protest against the Kosovo government, which backtracked on an earlier decision to take control of the Trepca mining complex.

Andrew Topf | January 26, 2015 | 12:58 am

Anglo American mulls sale of more coal mines in Australia

The operations that may be added to the list of assets for sale are Dawson and Foxleigh, in Queensland.

Cecilia Jamasmie | January 23, 2015 | 5:17 pm

Anglo hit by platinum, iron ore units lower earnings outlooks

The miner shed over 3.7% after two of its business divisions — Amplats and Kumba — warned they expected full-year earnings to shrink more than previously flagged.

Cecilia Jamasmie | January 23, 2015 | 3:30 pm

World Bank: Commodities falling like it’s 1985

Organization predicts a rare occurrence in 2015: a decline in all nine commodity indices with industrial metals falling another 5%; precious metals down 3%.

Frik Els | January 23, 2015 | 12:17 am

Global mining sector ended 2014 on a disappointing note: report

December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.

Cecilia Jamasmie | January 21, 2015 | 3:18 pm

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McConnell supports miners blockading coal train to get back pay

“Robominers” to scope Europe for resources humans can’t reach

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Where BHP goes on climate change, will others follow?

Eskom to fight energy regulator in court, Mining Weekly says

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