MINING.COM

China’s coal consumption keeps plummeting, down for 3rd year in a row

Coal accounted for 62% of the nation’s energy mix last year, down from 64% in 2015.

Cecilia Jamasmie | February 28, 2017 | 9:05 am

Canada’s Saskatchewan and Manitoba are the world’s new top mining destinations

Both provinces displaced Western Australia from the first to the third place thanks partly to their rich mineral reserves, competitive tax regimes, efficient permitting procedures, and certainty surrounding environmental regulations.

Cecilia Jamasmie | February 28, 2017 | 1:55 am

Top 10 lowest cost gold mines make money if price falls 50%

The top 10 ranking of the lowest all-in cost gold mines in the world – former US president Herbert Hoover was once in charge of no. 8 on the list.

Frik Els | February 24, 2017 | 3:34 pm

Mining exploration spending drops to 11-year low

Miners and explorers are only spending a third of what they did four years ago – and proportion of greenfield exploration are at record lows.

Frik Els | February 23, 2017 | 4:11 pm

Vale swings back into the black on soaring iron ore prices

The world's No.1 iron-ore producer recorded a net profit of $3.98 billion in 2016, a significant recovery from a loss of $12.13 billion it reported a year earlier.

Cecilia Jamasmie | February 23, 2017 | 6:20 am

Glencore’s profit soars on commodities rebound

A surge in commodity prices combined with its multibillion-dollar asset fire-sale has put the company in a position to pay big dividends and explore acquisitions.

Cecilia Jamasmie | February 23, 2017 | 3:07 am

Caterpillar touts automation solutions as top miners swing back to profit

The world's No.1 heavy machinery maker is telling miners not to rest on their laurels now that the industry is finally coming back up from a brutal downturn and keep focused on maximizing returns and efficiency.

Cecilia Jamasmie | February 22, 2017 | 9:00 am