Rio Tinto, Turquoise Hill strike funding deal for Oyu Tolgoi

Rio Tinto-controlled Turquoise Hill is also predicting costs to fall about 2.8%.

Forget gold, the crazy cobalt price or lithium frenzy; this junior mining company is upending the sapphire (yes sapphire) market.

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.

After pumping billions into the Indonesian mine for almost 25 years, Rio might be able to see a decent return as the country’s government plans to acquire the miner’s 40% stake in the coveted operation.

World's top supplier of uranium announces 20% cut in production over three years.

The shovels are in the ground at the Carmichael coal mine in Queensland but the bankers have yet to open their wallets.

Benchmark spot gold edged higher to around $1,277 an ounce Friday, but was still trading near a 3-1/2-week low touched Thursday amid surge in U.S. equities.

The New South Wales Government decided there would be no open-pit mining at the site formerly known as Drayton South, but it paved the way for an underground mine instead.

As the world’s largest auto market, China was responsible for about half of the sales as the crackdown on polluting industries has propelled renewable alternatives from power generation to consumer products.