MINING.COM

No money for iron ore.

Michael Allan McCrae | February 2, 2015 | 4:18 pm

The smart money is waiting for fire sale prices before jumping into metals and mining. Or worse; has simply lost interest in the sector.

Frik Els | January 29, 2015 | 1:32 am

The firm became the first major mining company to openly accept the toll that slumping commodity prices are taking on the global industry.

Cecilia Jamasmie | January 28, 2015 | 4:49 pm

The miner, one of the biggest exporters of South African coal, may re-open those operations if economic conditions improve.

Cecilia Jamasmie | January 28, 2015 | 2:29 pm

Chief Executive Lourenco Goncalves said restructuring proceedings have begun in Montreal and sale options will be explored.

Cecilia Jamasmie | January 27, 2015 | 8:03 pm

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

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

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

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

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

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

Russian businessman eyes Gazprombank’s stake in Elga coal project