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Coking coal price jumps to six-year high

Up another 5% on Thursday – stones throw away from all-time high.

Frik Els | April 13, 2017 | 9:53 am

Australia greenlights Rio Tinto’s $2.45bn sale of coal mines to Yancoal

With the Foreign Investment Review Board’s approval, Rio Tinto is a step closer to fully exit thermal coal.

Cecilia Jamasmie | April 13, 2017 | 4:43 am

BHP brands Elliott’s overhaul proposals as flawed, costly

Activist investor Elliott's proposals to break up BHP are riddled with “major flaws” and could end up costing far more to implement than they would save, the company said.

Cecilia Jamasmie | April 12, 2017 | 5:01 am

Iron ore market keeps getting uglier — prices at lowest since November

The commodity is now trading below $70 a tonne and has just suffered its largest one-day percentage decline in over a year.

Cecilia Jamasmie | April 12, 2017 | 3:24 am

BHP Billiton to escalate defence from Elliott with Goldman’s help

Analysts expect BHP to argue that a demerged petroleum business would need to fund offshore growth projects by raising debt. It may also contend that a stand-alone division won’t have the same ability to defer production until oil prices improve.

Cecilia Jamasmie | April 11, 2017 | 4:08 am

Coking coal price soars past $300

Coking coal price has doubled in two weeks – storm damage to rail lines could affect Australian exports for another four weeks.

Frik Els | April 10, 2017 | 1:05 pm

Iron ore prices keep falling despite a decrease in China’s inventories

After a 85% rise in 2016, iron ore prices are now down 3.2% so far this year, which has placed the commodity in a bear market.

Cecilia Jamasmie | April 10, 2017 | 8:15 am

Australia ready to begin exporting uranium to India — Prime Minister

Shipments will start almost nearly three years after the two countries signed an export deal for peaceful power generation.

Cecilia Jamasmie | April 10, 2017 | 5:43 am

BHP rejects activist fund Elliott urge to spin off US oil assets

Company says the associated risks of spinning off about $22 billion of its US oil assets and listing them in New York would significantly outweigh any potential benefits.

Cecilia Jamasmie | April 10, 2017 | 3:22 am

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Australia blocks South32 coal mine expansion

Gina Rinehart targets EV boom with ‘green’ lithium play

Iron ore price surges on Vale’s 2021 production outlook

Fortescue pays royalties to Aboriginal group, a year late

Iron ore price bounces back after sharp fall

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