MINING.COM

China’s devaluation of Yuan hits miners, commodities

The decision of the People's Bank of China (PBOC) to devalue the yuan by 1.9% sent most mining stocks and commodities down the slippery slope.

Cecilia Jamasmie | August 11, 2015 | 9:45 am

China’s surprise currency move is more bad news for Canadian commodities

Stock markets in Canada and the United States fell sharply on the news that China had allowed the yuan to drop 2%.

Business in Vancouver | August 11, 2015 | 9:45 am

Here is how Rio Tinto intends to cut costs by $1 billion

The mining giant is watching every single expense, including those related to safety equipment.

Cecilia Jamasmie | August 10, 2015 | 7:25 am

China is hiding gold… lots of it

While analysts keep trying to answer the burning question of how much gold China really has, the most recent theory indicates that it's at least 9,500 tonnes.

Cecilia Jamasmie | August 7, 2015 | 7:18 am

If you’re selling gold, Russia’s buying

China's 600 tonnes in 6 years disappointed, but latest central bank data shows Russia again adding to its hoard as it diversifies away from the US dollar.

Frik Els | August 6, 2015 | 12:32 pm

Massive gold reserves in Greece offer unique opportunity for Eldorado Gold

It's no secret that economic turmoil and extreme uncertainty in Greece pose major threats to the global economy.

SNL Metals & Mining | August 6, 2015 | 8:18 am

Iron ore price rally has legs

Wednesday jump brings gains of 28% in less than a month.

Frik Els | August 5, 2015 | 4:38 pm

Byproduct of metal price meltdown is a higher silver price

70% of silver is mined as a byproduct – gold, base metal mine closures and declining capex will push silver market into deficit this year says new report.

Frik Els | August 5, 2015 | 12:59 pm

Copper price: China fears overdone

Chinese manufacturing shocker dropped copper to a six-year low, but new report says weak business sentiment will have limited impact on the real economy.

Frik Els | August 4, 2015 | 12:34 pm

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China mulls selling aluminum from state reserves to cool prices

Trafigura sees green copper supercycle driving prices to $15,000

Booming demand and shipping costs feed aluminum rally

Iron ore price drops sharply on weak Chinese demand concerns

Home: Funds take the money and run as copper price rally stalls

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