MINING.COM

Major correction underway for mining stocks

Monday mayhem as metals rally evaporates and mining's top names are dumped – Anglo's losses since a week ago now 28%, Freeport has plunged 25%.

Frik Els | May 9, 2016 | 11:52 am

Glencore buys major stake in troubled Aussie iron ore miner

It now owns 8.47% of Atlas Iron, which gives Glencore direct exposure to iron ore production.

Cecilia Jamasmie | May 9, 2016 | 5:18 am

Goldman puts iron ore at $40 by year-end

Goldman Sachs says iron ore will keep dropping throughout 2016, though not as much as it initially forecast, citing continued oversupply as the primary culprit.

Andrew Topf | May 8, 2016 | 4:50 pm

Worst week for iron ore price since October 2011

Rout continues ahead of crucial Chinese import data.

Frik Els | May 6, 2016 | 11:53 am

Iron ore price drops below $60

Down 9% since Monday as Chinese speculators pull out and Rio Tinto CEO warns of oversupply.

Frik Els | May 5, 2016 | 12:23 pm

BHP, Vale disaster turned into mining’s Deepwater Horizon

Shares in mining giants tumble after civil suit in Brazil claims $43 billion in damages based on clean-up costs associated with BP's oil spill in the Gulf.

Frik Els | May 4, 2016 | 1:54 pm

Diamonds add sparkle to Anglo’s improving outlook

Moody's praises higher than expected valuation for the sale of the niobium, phosphate businesses and improving prospects for the global diamond market.

Frik Els | May 3, 2016 | 3:16 pm

BHP, Vale hit with $44 billion lawsuit over deadly spill

Civil suit demands over $2 billion upfront and also targets Brazil's federal, state governments over deadly dam burst at jointly-owned Samarco iron ore mine.

Frik Els | May 3, 2016 | 2:27 pm

China scare drops mining stocks

Factory conditions in China unexpectedly worsen for the 14th straight month raising fears that the rally on commodity markets in 2016 was losing steam.

Frik Els | May 3, 2016 | 12:22 pm

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MINING.COM MINUTE: Biggest stories of the week

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