This is 'as good as it gets' for miners
It's not time to cut and run, but strategists are becoming more cautious about the tired looking bull market in mining stocks.
It's not time to cut and run, but strategists are becoming more cautious about the tired looking bull market in mining stocks.
In a rare move for corporate Japan, the Australian former Rio boss has been nominated to join the board of trading giant Mitsui & Co.
After multiple rounds of warnings that this year's rally may be overdone, the steel-making raw material is in retreat.
Bianca Rinehart has been given the green light to sue her estranged mother Gina for alleged misconduct in managing the multibillion-dollar family trust, including allegations she "improperly spent company money on personal expenses".
Hebei Steel Group has won approval for a $8 billion project that will reduce its steel capacity by nearly 2 million tonnes.
A lift in the coal price coupled with a transformational acquisition has pushed earnings of Soul Pattinson's coal mining arm, New Hope, sharply higher.
Iron ore advanced 2.3 per cent on the Dalian Commodity Exchange as Shanghai steel rebar futures ended near a three-year high.
The cost of the federal government's much-hyped Snowy Hydro upgrade could double once network upgrades are included, experts have warned.
The union on strike at BHP Billiton's Escondida copper mine rejected an invitation by the company to return to negotiations.
Goldman Sachs isn't letting the biggest commodities rout in eight months shake its confidence in raw materials.
Mining booms often turn to busts. Most Australians know this, except it seems, the outgoing administration of the nation's resource-rich west.
The striking union at BHP Billiton's Escondida copper mine in Chile, the world's largest, said on Saturday it will not accept the company's offer to return to the negotiating table, and called on BHP to clarify its negotiating positions.
Like moths drawn irresistibly to light, the surge in the price of cobalt has got some market hopefuls looking to a new lease on life
Iron ore's rally is showing signs of cracking: the commodity posted the biggest weekly slump in almost four months amid rising concdern about the underlying demand in China.
Chile's Escondida copper mine has had a preliminary chat with its union as a first step towards ending a month-long strike.
Mortgage pain in towns hit by a commodities downturn is beginning to be felt in parts of the financial system.
Iron ore and steel futures in China fell to one-month lows. Spot iron ore slid below $U87 a tonne.
Rio Tinto is to get a new chairman later in the year, with Jan du Plessis expected to leave the company.
The head of one of the country's largest power utilities has warned there is no quick fix to the crisis that is enveloping the country's energy supplies.
Record cargoes of iron ore coming into China and fewer boatloads of steel going out signal a boon for BHP, Rio and Vale.
Chinese steel futures slipped for a second day as investors locked in recent gains. Spot iron ore tumbled 2.9 per cent.
Domestic gas supplies are at risk since the owners of Queensland's gas export projects have insufficient reserves to maintain contracted supplies
Lawyers for Clive Palmer's globe-trotting nephew have asked the Federal Court to set aside orders requiring him to return to Australia to be grilled about the collapse of Queensland Nickel.
Copper fell to its lowest in a month on a surge in warehouse stocks and zinc hit a seven-week low.
Chinese iron ore futures fell for a third straight day, pressured by a rising mountain of the raw material at China's ports.
The Federal Court has reserved its decision following an appeal of the approval of the Adani's huge Carmichael coal mine in Queensland's Galilee Basin.
Rocketing iron ore prices may prompt Chinese producers to reopen mines shuttered years ago in a sector downturn.
Emirates Global Aluminium is preparing to sell shares amid a comeback in commodities prices.
Rio Tinto's former chief executive Sam Walsh has had part of his retirement payments he was due to receive withheld.
It is one of the largest undeveloped copper deposits in the world. Now, the smaller shareholder in the project, located in Papua New Guinea, has cried 'foul', warning that a planned board spill will give the Chinese government control.
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