Nickel, copper, and zinc have been picked as the metals to watch next year.
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Rio secures financing for Mongolian mega mine
Rio Tinto has signed a US$4.4 billion financing agreement for its Oyu Tolgoi copper mine in Mongolia.
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Commodity market forces low expectations
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.
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Mining may come back by mid-2016
Analysts have forecast mining’s commodities return by mid-next year, going against the market grain.
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CIMC carry out share buyback
CIMIC, the parent company of mining contractors Thiess and Leighton, have announced an on-market share buyback.
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Is Rio Tinto still a buy as iron ore falls?
As iron ore continues its worse run since before the GFC, is now the time to pick up Rio Tinto on the cheap?
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Westpac pledges financial climate action
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.
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Are two thirds of coal miners making a loss?
New research points to more than two thirds of coal is believed to be unprofitable.
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Rio Tinto reduces aluminium expenditure
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.
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It is time for radical change in the mining industry [OPINION]
As commodities continue to slide, the old ways of doing business aren't cutting, and it's time for a shift in the industry.
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Anglo American cutting jobs, restructuring entire business
Anglo American has announced a “radical restructuring program” as it plans to cut 85,000 jobs globally and sell off assets.
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Australian refiner appointed to LBMA delivery list
Pallion refinery division ABC Refinery has been appointed to the London Bullion Market Association’s Good Delivery list for gold.
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Iron ore hammered again
Iron ore is continuing its slow decline, as major miners become more bearish on the metal.
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Can iron ore stem the fall?
Iron ore has fallen again to a new low, dropping to another new low.
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Are BHP and Rio dumping coal?
As investment funds worth more than a trillion dollars pledge to divest from fossil fuels, are BHP and Rio also making a silent exit?
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Rio uncovers large diamond as prices set for decline
Rio Tinto has unveiled a 187.7 carat rough diamond, as miners predict a decline in rough diamond prices ahead.
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Mining injects $32bn into QLD economy
A new study has shown mining generated $32 billion for Queensland’s economy, and $7.8 billion for the Brisbane region alone.
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Vale to cut iron ore production
Mega iron ore miner Vale is the first of the majors to announce a reduction its iron ore production rates.
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Iron ore slips below $40
Iron ore has finally slipped below the new US$40 per tonne watermark.
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The top ten issues facing miners in 2016
Deloitte has compiled a new report outlining the top 10 problems miners will face next year.
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