Analysts are predicting the iron ore price to languish below the US$40 per tonne mark for years to come.
Gold has finally reacted to the US rate rise, slipping over the last two days.
Nickel, copper, and zinc have been picked as the metals to watch next year.
Rio Tinto has signed a US$4.4 billion financing agreement for its Oyu Tolgoi copper mine in Mongolia.
The ongoing commodity price slide has seen BHP shares reach the lowest point on the ASX in more than ten years, lower even than the trough caused by the Global Financial Crisis.
Analysts have forecast mining’s commodities return by mid-next year, going against the market grain.
CIMIC, the parent company of mining contractors Thiess and Leighton, have announced an on-market share buyback.
As iron ore continues its worse run since before the GFC, is now the time to pick up Rio Tinto on the cheap?
Australia’s second largest bank, Westpac, will today announce a new commitment to prevent climate change of more than two degrees, however the bank has given no word on reducing its exposure to fossil fuels.
New research points to more than two thirds of coal is believed to be unprofitable.
Rio Tinto have boasted a $45 million reduction in sustaining capital expenditure for their Aluminium product group, as well $300 million worth of cash cost improvements to the end of 2015.
As commodities continue to slide, the old ways of doing business aren’t cutting, and it’s time for a shift in the industry.
Anglo American has announced a “radical restructuring program” as it plans to cut 85,000 jobs globally and sell off assets.
Pallion refinery division ABC Refinery has been appointed to the London Bullion Market Association’s Good Delivery list for gold.
Iron ore is continuing its slow decline, as major miners become more bearish on the metal.
Iron ore has fallen again to a new low, dropping to another new low.
As investment funds worth more than a trillion dollars pledge to divest from fossil fuels, are BHP and Rio also making a silent exit?
Rio Tinto has unveiled a 187.7 carat rough diamond, as miners predict a decline in rough diamond prices ahead.
A new study has shown mining generated $32 billion for Queensland’s economy, and $7.8 billion for the Brisbane region alone.
Mega iron ore miner Vale is the first of the majors to announce a reduction its iron ore production rates.