Mining

December 13, 2015

Mining sector in turmoil

Anglo American said Tuesday it will shed some 63 percent of its workforce in a radical restructuring meant to cope with tumbling commodity prices.
January 2, 2016

Mining Shares Surge as Lead, Aluminum Rise on Faster U.S. Growth

Mining stocks rose the most in more than 10 weeks in London as aluminum and lead advanced after a report showed the U.S. economy expanded faster than estimated, boosting demand in the second-largest metals user.
January 5, 2016

The mining sector is being weak with lower prices

Deflation is still on the market, and this is while Canadian mining try to escape from this Circumstances and this can hit the Canadian economy by the price of minerals and metals.
January 17, 2016

This is what a mining, metals market meltdown looks like

A feeble attempt at a rally yesterday evaporated on Friday with the copper price hitting a fresh six-and-half year low of $1.9365 a pound ($4,270 a tonne) after falling nearly 2% in New York.
February 9, 2016

Mining to get worse before it gets better

The heads of major miners expect the downturn to get worse before it improves, as the industry begins tearing through existing cash reserves.