June 5, 2014
Miners profits sank 72% over past year, lowest level in a decade
Global net profits have dropped to $20 billion in the last year, with gold, coal and diversified miners being the worst affected.
June 5, 2014
Global net profits have dropped to $20 billion in the last year, with gold, coal and diversified miners being the worst affected.
June 4, 2014
EPA's radical new rules make building new coal-fired power plants unfeasible while 15% of existing capacity will be shut down within two years, reducing demand.
June 3, 2014
With a further $300 billion in coal transportation infrastructure to meet global demand over the next 20 years.
June 3, 2014
CEO Sam Walsh: "We are the lowest-cost producer in the world with costs of $20 per tonne; I think we’ll be OK."
June 3, 2014
The Australian miner said it plans to spend $15 million to restart the operation, with work is expected to begin in the first half of 2015.
June 2, 2014
After unnerving 7% slide last week, iron ore managed to eke out a small price gain Monday.
May 29, 2014
There will be no let-up in global demand for copper for a very long time as the cycle will be driven by the ongoing expansion of conventional and non-conventional power…
May 29, 2014
The bank analysts say the window for profitable investment in new thermal coal mining and infrastructure capacity “has closed.”
May 28, 2014
Shares in producers fall after China's powerful central planning agency says country's "high steel demand period has passed" and inventories will stay high.
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