MINING.COM

Commodity slump forces BC Iron to quit Brazilian project, revalue mines

The Australian junior iron ore producer is also studying whether it needs to write down the value of any assets ahead of next month’s half-year result.

Cecilia Jamasmie | January 30, 2015 | 3:23 pm

BHP axing up to 300 Olympic Dam jobs

The decision caps off a dreadful month for South Australia’s mining sector.

Cecilia Jamasmie | January 30, 2015 | 11:23 am

Mining M&A: Private equity can’t run away fast enough

The smart money is waiting for fire sale prices before jumping into metals and mining. Or worse; has simply lost interest in the sector.

Frik Els | January 29, 2015 | 1:32 am

Anglo American set for commodity slump-triggered charge

The firm became the first major mining company to openly accept the toll that slumping commodity prices are taking on the global industry.

Cecilia Jamasmie | January 28, 2015 | 4:49 pm

Glencore mulls shutting down South African coal mines, lay offs

The miner, one of the biggest exporters of South African coal, may re-open those operations if economic conditions improve.

Cecilia Jamasmie | January 28, 2015 | 2:29 pm

Cliffs restructures Bloom Lake iron ore mine, seeks creditor protection

Chief Executive Lourenco Goncalves said restructuring proceedings have begun in Montreal and sale options will be explored.

Cecilia Jamasmie | January 27, 2015 | 8:03 pm

Another day another iron ore price drop

Another slide on Tuesday drops iron ore price 13.4% year to date, but latest forecasts see another double digit dip from current levels.

Frik Els | January 27, 2015 | 6:44 pm

Lower gas prices weigh on Peabody’s weak results, expected coal demand

The U.S. No.1 coal producer projects a much wider-than-expected loss for the current quarter.

Cecilia Jamasmie | January 27, 2015 | 5:09 pm

The bottom is falling out of the iron ore price

Down 4% to fresh five-and-half year low.

Frik Els | January 26, 2015 | 11:53 pm

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Extracting battery metals from seafloor may beat traditional mining — study

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