It has a “smart” pump, boom works faster, and burns less fuel.
The China-Brazil deal means that in just three years Vale will be producing more than BHP Billiton and Rio Tinto combined.
The increasing engagement of Latin America with Asia may potentially be at the expense of Australia’s traditional sense of right to be a major Asian player, expert says.
The firm created a new division in April to evaluate deals in those areas, and in the past six months has made mining infrastructure-related investments in the U.S. and Africa.
Only lower grade fines are oversupplied shows new research report.
Having failed in a bid to avoid a price hike in the first two potash import deals for the financial year, fertilizer producers in India expected inward shipments of fertiliser minerals to drop during 2015/16.
Much of the overall decline in reported gold output was due to a significant quarter-on-quarter production declines from AngloGold Ashanti, Goldcorp, and Sibanye Gold.
Andrew Mackenzie also warned the proposed would damage the Australia’s economy and shift investment to main foreign competitor Brazil.
Shares in Vancouver firm up 12% after parent Rio Tinto and Mongolia sign landmark deal to fund $5 billion underground expansion of giant copper-gold mine.
Looking at current trends Barclays analysis suggests that India's physical gold demand is likely to be subdued going forward, unless there's a correction in local prices, the bank said Monday.
Rio Tinto (ASX:RIO) is reportedly selling its Pacific Aluminum business – a group of smelters in Australia and New Zealand – in a deal potentially valued at $1 billion.
Inquiry comes amid claims the mining giants are driving prices down, severely damaging the country's economy .
Nautilus Minerals Inc. is pleased to announce it has been named to the 2015 OTCQX® Best 50, a ranking of 50 top performing companies traded on the OTCQX Best Marketplace last year.
Demand fears continue to restrict the extent of upside moves, whilst supply disruptions at the mine level have more recently provided a floor to prices following the early-year sell-off.
Once again Asia drove demand, with China and India alone accounting for 54% of the total.
The recurring phenomenon — a warming of the Pacific Ocean as part of a complex cycle linking atmosphere and ocean — has in the past affected mine output, triggering price spikes.
Ivan Glasenberg has once again slammed his competitors, who he accuses of damaging the credibility of the mining industry.
CEO Andrew Mackenzie announced the firm would cut capital and exploration expenditure to $9 billion in the 2016 financial year from $12.6 billion in 2015.
The main reason for price correction may not be the growing demand but the producers’ inability to meet the consumers’ price expectations.
Mancini advises investors to go for the best of the best: gold miners with cash flow, great balance sheets, low costs and good management.
Chinese import prices surge more than 3% to 10-week high after Beijing's surprise rate cut boosts industry prospects.
Forrest is blaming BHP and Rio for a fall in the price of iron ore as the pair continue to ramp up production.
It may come as little surprise to those who understand the "fear trade" and the "love trade" in gold, as Frank Holmes of US Global Investors likes to say.
A nuclear-power boom in Asia that’s set to drive up uranium prices is triggering a resurgence in mining in Australia, home to the world’s largest reserves.
Overall Chinese imports plummeted 16% in April as coal enters free-fall, but iron ore's decline was modest and copper shipments jumped 5%.
India's Prime Minister Narendra Modi has made a master move in deciding to undertake an official visit to Mongolia this week.
Get Mining News and Alerts
sent to your inbox daily