April 12, 2017
Iron ore, copper price plunge brings carnage to mining stocks
Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.
April 12, 2017
Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.
April 12, 2017
Activist investor Elliott's proposals to break up BHP are riddled with “major flaws” and could end up costing far more to implement than they would save, the company said.
April 12, 2017
The commodity is now trading below $70 a tonne and has just suffered its largest one-day percentage decline in over a year.
April 11, 2017
In addition to raising costs for miners and delaying certain projects, the focus on the amount of water used by the extraction industry in the region will boost social pressure…
April 11, 2017
Analysts expect BHP to argue that a demerged petroleum business would need to fund offshore growth projects by raising debt. It may also contend that a stand-alone division won’t have…
April 10, 2017
After a 85% rise in 2016, iron ore prices are now down 3.2% so far this year, which has placed the commodity in a bear market.
April 10, 2017
Company says the associated risks of spinning off about $22 billion of its US oil assets and listing them in New York would significantly outweigh any potential benefits.
April 9, 2017
Alderon Iron Ore Corp. will purchase assets related to the Scully Mine for the purpose of disposing tailings produced from its flagship Kami project
April 7, 2017
Coking coal prices gained 86% to $283.10 a tonne this week, the biggest gain in four years.
April 7, 2017
Ore with 62% content in Qingdao fell almost 7% overnight, entering a bear market and erasing all of this year’s gains.
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