Warning, the extension looks great but it is not conducive to productivity.
The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.
The central empowered committee (CEC), constituted by the Supreme Court, has called the relationship between Sharda Mines (P) Ltd (SMPL) and Jindal Steel and Power Ltd (JSPL) unholy and illegal.
The miner said the move was driven by its revised pricing outlook and adverse market conditions.
Big three successfully defending their oligopoly says new report.
Bankrupt London Mining's Marampa mine in Sierra Leone hit by iron ore price falls, slow ramp up and viral outbreak.
Those calling a market bottom after Monday's surge and Chinese import gains may have been premature.
Ex-billionaire Eike Batista’s main mining unit became the third of his companies to file for bankruptcy protection in a year.
The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.
And the rapid fall in the iron ore price, the Sierra Leone miner's dispute with Glencore and the slow rampup. But especially Ebola.
New research shows inland Chinese steel mills pay a 35% premium over seaborne benchmark with 210mt of steel capacity potentially looking for alternatives.
The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."
Despite iron ore prices touching rock bottom, the top three producers have no plans to slowdown production. Quite the contrary.
Under the bill, such minerals "will be sold for production costs excluding transportation. That is the mine-gate price.
JSW Steel has almost clinched a deal that would see India's third-largest steel company acquire embattled London Mining (LON:LOND), sources close to the negotiations revealed on Friday.
The mega-ship Shandong Da Ren docked at Dongjiakou port in Qingdao, eastern China, on Oct. 2.
The commodities trader and miner explored a stock-exchange listing Down Under.
The head of the iron ore division, Andrew Harding, defens Rio's own plans to ramp up ore production.
Anglo's chief warned the company plans to take severe measures over the next two years.
It’s good to be Ivan Glasenberg’s neighbour.
The iron ore miner warned Wednesday that its shares now had "little or no value."
According to preliminary reports today from Bloomberg, Glencore (GLEN:LN) which is the fourth largest mining company by market capitalization is entertaining the idea of merging with iron-ore juggernaut Rio Tinto which would create the world’s largest mining company in a +$160 billion deal.
The state government submitted an application to the federal government for 3mn m³ of dredging material to be disposed on land.
But with BHP Billiton's announced production boost the port is likely to recover quickly.
Preferring to "successfully execute" alone.
Mining giant Rio Tinto will face protests around the world on Oct. 7, in a coordinated day of defiance by thousands of its employees.
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