MINING.COM

BHP admits mistakes in its China, iron ore strategy

CEO Andrew Mackenzie says miner's China-focused investment is shifting and its rapid iron ore expansion came at the expense of the overall business.

Frik Els | June 5, 2014 | 6:22 pm

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.

Cecilia Jamasmie | June 5, 2014 | 2:48 pm

Halved since 2011, EPA rules to push coal price down another 20%

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.

Frik Els | June 4, 2014 | 8:09 pm

IEA: Coal mining needs $735 billion investment through 2035

With a further $300 billion in coal transportation infrastructure to meet global demand over the next 20 years.

Frik Els | June 3, 2014 | 8:55 pm

Rio: $80 iron ore price means ‘a lot’ of miners will disappear

CEO Sam Walsh: "We are the lowest-cost producer in the world with costs of $20 per tonne; I think we’ll be OK."

Frik Els | June 3, 2014 | 5:48 pm

Kimberley Diamonds restarts Botswana Lerala mine

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.

Cecilia Jamasmie | June 3, 2014 | 1:51 pm

Iron ore price breaks fall

After unnerving 7% slide last week, iron ore managed to eke out a small price gain Monday.

Frik Els | June 2, 2014 | 11:03 pm

IMAGE GALLERY: Stuck in the mud

Lots of work for someone.

Michael Allan McCrae | June 1, 2014 | 8:24 pm

Major new coal projects unlikely to be profitable: Goldman Sachs

The bank analysts say the window for profitable investment in new thermal coal mining and infrastructure capacity “has closed.”

Cecilia Jamasmie | May 29, 2014 | 11:40 am

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Lithium developer ioneer says US environmental litigation resolved

BHP looks to India for coal growth as China demand declines

Australia takes crown as world’s top LNG exporter

Northern Star closes iconic Super Pit gold mine acquisition

Mineral supply for green tech should be part of climate negotiations – scientists

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