Another wild swing, this time a 8.7pc surge that snapped two losing days, has iron ore approaching the $US80 a tonne mark.
Glencore plans to reinstate a $US1 billion dividend in 2017 after skipping two payments as metals prices rebound.
A blackout at one of the nation's biggest mines has sparked a plea from BHP
Iron ore dropped 6.8pc overnight, the most since March, extending a retreat from a two-year high.
Oil surged after OPEC approved the first supply cuts in eight years in an effort to ease a record glut and stabilise global markets.
The Turnbull Government has acknowledged for the first time that Australia is failing to secure a fair share of revenue from oil and gas companies, with Treasurer Scott Morrison calling a review into the tax scheme governing offshore projects.
There are few mining executives who think the coming decade will see a commodity boom to match the last one, and payouts will reflect that.
Gold halted its biggest gain in almost a month as investors extended the longest run of sales from bullion-backed funds.
The price of zinc rose 2.9pc overnight to its highest level since October 2007 as China's plans for new rail links boosted metal prices.
The spot price for iron ore extended its stunning rebound, topping $US80 a tonne for the first time in more than two years.
Gold miners in Australia, motivated by a weak currency, are overcoming inclement weather to dig deeper for more bullion, quarterly production figures released on Sunday show.
Zinc, the best performing metal on the London Metal Exchange this year, powered to its highest in more than eight years.
China's iron ore imports from India surged in October and purchases from Australia grew slightly, customs data showed.
The Queensland Supreme Court has upheld the granting of a mining lease and environmental authority to the massive Carmichael coal mine in the state's Galilee Basin.
Australia should refrain from adopting more protectionist policies in the aftermath of Brexit in Britain and election of Donald Trump in the United States, chief executive Jean-Sebastien Jacques says.
Barrick Gold is reviewing the finances of a $1.8 billion bid for its half stake in the Kalgoorlie mine.
Zinc jumped and copper headed towards its 2016 peak on expectations of stronger demand and tighter supplies.
Gold is getting trampled, and silver entered a bear market.
Iron ore futures in China rose for a third straight day, and at one point hit the highest level in almost three years.
Resources stocks are rallying harder than commodities and experts are divided on its sustainability.
Rio Tinto says it will generate $5 billion in extra free cash flow over the next five years by cutting operational costs across its global empire.
Longer-term investors are also returning to the industrial metals sector for the first time in years.
Fears grow that prices have climbed too far, too fast in wake of US election and Chinese housing boom
Coal prices may be recovering, but there are no celebrations in WA mining town Collie, where workers are fighting plans to slash their wages almost in half.
Australia's richest woman Gina Rinehart has welcomed Donald Trump's election victory as "exciting" for America's economy and called for similar policies to those of the new president-elect to be implemented in Australia.
Prices have given up most of the gains inspired by Donald Trump's surprise win and a speculative frenzy in China.
Mining giant Rio Tinto has confirmed the company will slash more jobs across its iron ore division in Western Australia.
A Rio Tinto Group executive asked how big a bribe it would take to beat out a competitor for a hotly contested iron ore deposit in Guinea, the country's former mining minister says.
Copper clocked its biggest weekly fall in a month as the US dollar soared to a 14-year high.
Iron ore just capped the biggest weekly drop in six months.