April 22, 2016

CAT chairman pours cold water on mining rally

"It is not clear at this time that the current prices are either sustainable or sufficient".

April 22, 2016

Chart: The march of the zombie miners continues

It was just over a year ago that Tony Simon, President of Seguro Consulting, brought to our attention the initial problem of the zombie miners (definition referred to mining exploration…

April 22, 2016

X2 said to miss out on Anglo’s Brazilian mines

Mick Davis's private equity firm not on shortlist featuring Vale, Mosaic and Eurochem for $1.5 billion phosphate and niobium operations in South America.

April 22, 2016

This insect’s guts could be key for mining remediation

The new method would allow for specialized plants, which are critical for biodiversity, to be re-established faster around old iron ore mines.

April 21, 2016

Miners spending again: $50 billion capex in five months

Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.

April 21, 2016

Anglo shareholders revolt against Cutifani’s $4.9 million pay

Full voting results will be released on Friday.

April 21, 2016

Services sector saves jobless miners in Australia

While Queensland's miners axed 22,000 positions between 2013 and 2015, health and community services created new jobs for almost double that number.

April 21, 2016

Iron ore soars past $70 to a 16-month high

The spot price for benchmark 62% fines gained 8.78%, the third largest surge since iron ore pricing first began in May 2009.

April 20, 2016

As prices surge, Vale joins iron ore production guidance cuts

Vale says 2016 output will come in at the lower end of expectations, potentially pushing the Brazilian giant to number two in global iron ore rankings.

April 20, 2016

Iron ore price leaps to 10-month high

Iron ore up 12% for the week to $64 a tonne – coking coal rallies to one-year high.