MINING.COM

Most Chinese rare earth miners running at a loss — report

About 90% of China’s rare earth producers are currently operating at a loss as prices for the coveted elements continue to drop due to a global glut and illegal mining.

Cecilia Jamasmie | August 12, 2015 | 8:15 am

Freeport cancels copper exports from Indonesia as permit expires

The company, which runs the massive Grasberg mine in Papua, has stopped exporting since last month.

Cecilia Jamasmie | August 12, 2015 | 5:00 am

The Saudi oil price war is backfiring

With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump.

Oilprice.com | August 12, 2015 | 4:54 am

Japan resumes producing nuclear power

The country has restarted its first nuclear reactor since the Fukushima disaster in March, 2011.

Cecilia Jamasmie | August 11, 2015 | 6:05 am

Obama: Iranian sanctions relief ‘not a game-changer’

In an interview broadcast Sunday, President Obama acknowledged that Iran would benefit economically from the nuclear weapons agreement that his administration negotiated with Tehran, but contended that it would not be a “game-changer.”

The Hill | August 10, 2015 | 12:43 am

China is hiding gold… lots of it

While analysts keep trying to answer the burning question of how much gold China really has, the most recent theory indicates that it's at least 9,500 tonnes.

Cecilia Jamasmie | August 7, 2015 | 7:18 am

Revocation of Australia’s largest coal mine licence ‘a sabotage’ — Abbot

His comments follow this week's decision by the federal court of Australia to overturn government approval for the construction of one of the biggest coal mines in the world.

Cecilia Jamasmie | August 7, 2015 | 3:44 am

CHARTS: Iron ore price only getting more volatile

Compared to the wild swings iron ore dealers have to deal with, gold, coal and copper traders are coasting.

Frik Els | August 6, 2015 | 3:57 pm

If you’re selling gold, Russia’s buying

China's 600 tonnes in 6 years disappointed, but latest central bank data shows Russia again adding to its hoard as it diversifies away from the US dollar.

Frik Els | August 6, 2015 | 12:32 pm

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