Mining News

Cliffs restructures Bloom Lake iron ore mine, seeks creditor protection
MINING.com - 5 hours ago
Chief Executive Lourenco Goncalves said restructuring proceedings have begun in Montreal and sale options will be explored.
Lower gas prices weigh on Peabody’s weak results, expected coal demand
MINING.com - 8 hours ago
The U.S. No.1 coal producer projects a much wider-than-expected loss for the current quarter.
Commodity prices hit Caterpillar profit — down 25%
MINING.com - 10 hours ago
CAT keeps slashing costs as it tries to offset issues out of its control, such as the falling price for everything from iron ore to oil.
Money still pouring into gold ETFs
MINING.com - 1 day ago
50 tonnes in two weeks, best performance since 2012.
45-year chart shows dollar bull run just getting started
MINING.com - 1 day ago
US currency is overbought short term, but relative performance chart going back to 1970 shows rally has long-term legs.
Facebook twins want gold bugs to buy their bitcoin ETF
MINING.com - 1 day ago
Cameron and Tyler Winklevoss, famous for suing Facebook's founder over ownership of social site, says bitcoin is more durable and portable than gold.
Hedge funds raise bullish gold bets to 2-year high
MINING.com - 1 day ago
According to futures trading data hedge funds have amassed the largest bullish position since December 2012 when gold was trading above $1,700 an ounce.
Cliffs suspends dividend, repays $400m in debt 17 hours ago  - Mining Weekly
US coal miner rejects "Mark of the Beast" 1 day ago  - Australian Mining

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