Rio Tinto has hired UBS AG to explore a possible initial public offering on the Australian Securities Exchange after planned trade sales came up short.
There's a strange thing about the fear going through the global mining industry after theCongo signed an order to lift royalties last week: Compared with most other countries, these levies are still relatively low.
For all the doom and gloom about the future of coal, the past two years have been a boom time for coal prices that's exceeded by their 2010 to 2012 peak.
The seeds of Tuesday's 4.6 percent copper slump -- the sharpest in almost three years -- were planted in a scarcely noted non-event earlier this month.
