According to the legislators, international mining companies —mainly from Australia, Canada and the U.K— are using the forced labour of Eritreans in their operations.
In a first phase the miner plans to target high-grade diamond ore bodies, meeting a target of 14,000 bank cubic metres (bcm) per month.
Benchmark iron ore price drops to fresh five-and-a-half-year low after November Chinese imports fall for the first time since 1998.
The country will cut export tariffs for coal from Jan. 1 as part of broader efforts to drive economic growth.
Julian Malnic, the founder of world's first deep-sea miner Nautilus Minerals has joined the board of Deep Space Industries.
The revised plan for their jointly-owned Wafi-Golpu in PNG will require an initial capital spending cost of $2.3 billion.
Australia estimates iron ore will trade at about $60 a metric ton as the biggest slump in the nation’s terms of trade since records began more than 50 years ago deepens the budget deficit.
The larger than life queen of coal and iron ore and her favourite daughter sit down for a feast.
BHP's first ore left Port Hedland in 1973, but 900m tonnes where shipped just over the last 12 years.
Forget iron ore for now, the world’s largest mining company is making a bold bet on copper.
The miner hinted its 30-year partnership with the Indian diamond industry makes it the best fit to drive the sector’s growth in the country.
In his first investor day since buying Xstrata last year, Glencore’s boss highlighted his company’s spread of commodities and took aim at the expansion strategies of Rio Tinto and BHP Billiton.
A study of about 40 explorers budgeting at least US$50 million total shows the larger players allocated a total of US$4.33 billion and accounted for 40% of the US$10.74 billion worldwide exploration total.
Anglo’s boss Mark Cutifani says company needs to find an extra $2 billion of earnings before interest and tax to meet the return on capital target set for 2015.
The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.
Rio Tinto CEO credentialing ahead of another round with "combative" Ivan Glasenberg.
Benchmark 62% fines up 3% and premiums for high quality lump ore jump to 11-month high.
A champagne diamond from Rio Tinto’s Argyle Diamond Mine has been used to raise funds to sponsor a female mining intern from London’s Imperial College.
Walsh emphasized Rio was not planning any major acquisition to protect itself from a potential takeover by the commodity trader and miner rival.
Arizona’s lawmakers have slipped a piece of legislation that would allow the mining giants to go ahead with their massive Resolution Copper project.
The least corrupt country was Denmark.
Miner is dropping coal operations to focus on iron ore.
The stock closed in Sydney below the $30 mark, which is the lowest it has traded in the last five years.
A survey released yesterday by Melbourne-based consultant Surbiton Associates highlights that things are not all bad for the industry, in Australian dollars at least.
Alkane Resources expects to receive approvals for its $1 billion rare earths project in the first quarter of 2015, which it anticipates will pave the way for a rerating of its shares as it finalises the financing of the project.
The mining giant said it was committed to giving significantly more money back to shareholders in 2015 despite a severe drop in iron ore prices.
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