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Cliffs to halt operations at Minnesota iron ore mine

The stock was down more than 7% to $2.50 at 11:30 am ET, as the company added that most of the 540 Northshore employees...

Japan’s Sumitomo Metal seeks stakes in copper, gold mines

Sumitomo Metal Mining is looking to snap up stakes in copper and gold mines, taking advantage of its sound finances and a slump in...

Top 15 copper mines worth $103bn less than a week ago

It's been a brutal November on copper markets with a only one up day of trading since the start of the month. Just over...

Indonesia probing allegations of extortion to Freeport-McMoRan by senior officials

Indonesia probing allegations of extortion to Freeport-McMoRan by senior officialsFreeport McMoRan Copper and Gold's Grasberg mine is the world's largest gold mine and third...

Caterpillar sales down again, almost three straight years

Caterpillar sales down again, almost three straight yearsThe biggest declines in sales were in construction in Latin America (-41%) and in the resources industry...

Chinese commodity trade barometer at record low

In the doldrumsThe once obscure Baltic Dry Shipping Index came to prominence at the start of the Chinese-led commodity supercycle around a decade ago....

India monetizes 14 ounces of gold

In an attempt to put the estimated 20,000 tonnes of gold households and temples on the subcontinent are hoarding to more productive use and...

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