MINING.COM

Vale to slash iron ore output target, but opening world’s largest mine in 2016

The miner is likely to cut its iron ore output target for the year from 376 million tonnes to 355 mt, says independent investment bank BTG Pactual.

Cecilia Jamasmie | November 25, 2015 | 6:35 am

Copper price: Lower for longer

Study shows copper price fall matches previous down-cycles going back to 1975, but expect a long painful slog before a sustained recovery.

Frik Els | November 24, 2015 | 11:50 pm

Iron ore price hits record low

Chorus predicting iron ore in the $30s before the end of the year grow louder as Chinese buying dries up.

Frik Els | November 24, 2015 | 11:21 am

Most copper producers in Chile barely breaking even — mining group

The ongoing slump in copper prices spells trouble for Chile's mining industry, where most medium-sized producers are already unable to make a profit.

Cecilia Jamasmie | November 24, 2015 | 3:53 am

Goldman: Iron ore price to decline next two years

"Prices must overshoot relative to marginal production costs in order to trigger mine closures on a sufficient scale."

Frik Els | November 20, 2015 | 1:58 pm

Global coal imports heading for second year of ‘dramatic’ drops

The EIA says China and India are to blame, as imports from both nations — which from 2008 to 2013 accounted for 98% of the increase in world coal trade —are on their way down.

Cecilia Jamasmie | November 20, 2015 | 6:03 am

China admits to have killed 28 suspects on coal mine knife attack

The deaths of the alleged "terrorists" took place over a 56-day operation by security forces, the Chinese government said.

Cecilia Jamasmie | November 20, 2015 | 2:07 am

Chinese commodity trade barometer at record low

The Baltic Dry Index which tracks bulk shipping rates on more than 50 routes around the world drops to lowest since 1985.

Frik Els | November 19, 2015 | 12:25 pm

Caterpillar sales down again, almost three straight years

The biggest drops were in the construction sector in Latin America (-41%) and in the resources industry in Asia (-37%).

Cecilia Jamasmie | November 19, 2015 | 10:16 am

First

Last

Home: Lead and zinc miss out on the supercycle party

Magnet rare earth oxides market to increase fivefold by 2030 — report

As China row deepens, 1 million tonnes of Australian copper concentrate needs new buyers

Iron ore price tops $200 amid further deterioration of China-Australia relations

China suspends economic dialogue with Australia as relations curdle

Create FREE account or log in

to receive MINING.COM digests