March 7, 2016

Insane rally rockets iron ore price past $60

Iron ore price posts largest one-day gain ever surging 19.5% to $62.60 a tonne in frenzied Chinese trading.

March 7, 2016

Global mining exploration down 19% in 2015

The global exploration sector continues to struggle against strong market headwinds, a new reprt shows.

March 4, 2016

Mining stocks in once-a-decade rally

Friday's jump in copper and iron ore prices propel mining stocks to biggest weekly gain since 2008.

March 3, 2016

Iron ore price jumps to new 2016 high

Latest advance sees year-to-date rally top 20% ahead of crucial economic policy-setting meeting of Chinese leaders.

March 3, 2016

South African government, mining firms agree to delay 16,000 job cuts

The deal also proposes facilitating the sale of struggling mines.

March 2, 2016

BHP, Vale shares surge on Samarco deal

Iron ore giants reach deal with Brazilian government to pay $6.2 billion over several years for clean up after November's deadly tailings dam spill.

March 1, 2016

Warning of another string of mining bankruptcies in 2016

Rate of corporate defaults could be double historical average going back to 1920 says new study.

February 29, 2016

Greenfield exploration in Australia picks up

Total area drilled (in metres) climbed by 6.9% during the December quarter, with activity in areas of new deposits increasing by 29.6%.

February 29, 2016

China to axe 1.8 million coal, steel jobs

As part of the government’s ongoing efforts to reduce industrial overcapacity.

February 26, 2016

Samarco compensation deal said to be signed Monday in Brazil

The agreement would end weeks of negotiations and be a key step in the joint venture owned by Vale SA and BHP Billiton Ltd. eventually resuming operations