Britain's second-largest steelmaker SSI UK went into liquidation last week, citing a slump in steel prices and record exports from China, which produces half the world's steel. Similar troubles are circling South Africa's second-largest steelmaker Evraz Highveld Steel and Vanadium, which is undergoing so-called business rescue proceedings, while Tata...» Read More
Iron ore prices have nearly doubled over the past four months, delighting producers, yet the surge is hindering expansion of iron ore mines in Western Australia, the site of the world's largest known deposit.
Sharon Epperson reports the "silver surge" has driven demand for silver coins made by the U.S. Mint. (1:23)
Paul Renken, senior geologist at VSA Capital, explains why investment banks are upping their price targets on Rio Tinto after the new CEO announcement.
Rio Tinto, the mining giant, was in turmoil Thursday morning after the abrupt departure of its chief executive and the announcement of a $14 billion writedown.
Global miner Rio Tinto has announced the surprise resignation of its chief executive after taking a $14 billion charge in connection with Tom Albanese's two most significant acquisitions, Mozambican coal and aluminium.
Platinum rose to a three-month high on Tuesday, rallying for a sixth straight session as funds bought heavily due to a mine labor crisis in South Africa that sparked supply fears.
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Ker Chung Yang, senior investment analyst at Phillip Futures expects 2013 to be the return of a China play again, especially in the base metal commodity.
Paul Renken, senior geologist at VSA Capital, tells CNBC that Rio Tinto figures have surprised on the upside, suggesting some demand for iron ore.
Often called the "lucky country" because of its rich natural resources, Australia's growth has long been funded by the commodities boom but now, economists say, there are a few other bright spots that could pick up where mining left off.
Rio Tinto said on Tuesday its iron ore production beat its own guidance to hit 253 million tons in 2012, as the miner cashes in on resurgent Chinese demand that has driven up prices in recent months.
Conflict in the West African state of Mali -- the continent's third-largest gold producer -- poses "manageable" risks for miners active in the country's south as Al Qaeda-linked Islamist rebels remain confined to strongholds in the north while former colonial power France continues its offensive against militant bases.
Indonesia's influential Bakrie family warned on Monday that it could rethink its proposed exit from Bumi, a coal venture it co-founded with Nat Rothschild, if the financier pursues a planned return to the board.
Pro trader Rich Ilczyszyn looks at key technical levels for trading gold futures.
Bargain-hunting traders in the mining space have turned to Barrick Gold.
China's harshest winter in nearly three decades has hit iron ore output and driven up prices just as demand from steel mills revives in a resurgent economy. Imports are at record levels.
Steelmaker ArcelorMittal raised a bigger-than-expected $4 billion in a share and convertible notes offering, it said on Thursday, to fix its debt-laden balance sheet.
China's imports of iron ore roared to a record high in December and for the full year, while crude imports also climbed, boosting hopes that a recovering economy in the world's top commodities consumer will lift its appetite for imports.
Australia's first cyclone of the storm season is intensifying off the country's northwest and is expected to start affecting coastal areas in mining powerhouse Western Australia state as soon as Friday, the Australian Bureau of Meteorology said.