A GlenTinto is not as far-fetched as it sounds.
Up nearly 4% on Monday; rallying after weeks of intense selling.
2014 is the "inflection point" and "until mines close it's a world of $70 prices of iron ore."
Filipino supply worries, depleting Chinese stocks and Indonesian refinery delays could see nickel rise close to $30,000 a tonne.
One of the two tailings thickeners experienced rake failure last Friday.
Vancouver’s Monument Mining (TSX-V:MMY) has entered into an agreement to purchase 100% of the Tuckanarra gold project in Western Australia.
The gloomy figure includes geologists and mining engineers.
Reviving the China-India ore trade which peaked at 120mtpa in 2009 could be part of a grand bargain when Modi and Xi meet for the first time in New Delhi.
CEO Chuck Jeannes says barring a major technological breakthrough global gold production probably peaked in 2013.
A big corporate break-up à la BHP Billiton is definitively not in his books, he told FT.com.
The figure recently hit a seven-year low, rising concerns over how these cost-cutting measures may delay the country’s next generation of mines.
Here is one interpretation of how much is left on Earth.
The country lifted a long-standing ban on selling uranium to energy-starved India in 2012 and both have been negotiating a nuclear safeguards agreement since then.
After flirting with a five-year low for about a month, the iron ore price fell to the lowest price since October 2009.
The decision is considered a key political victory for Prime Minister Tony Abbott.
Vast stretches of northern Europe’s wilderness will soon host more mining companies going ahead with several projects in the area.
Following a meeting with BHP’s China boss, Beijing issued a statement saying it believed that “BHP and other iron ore suppliers should avoid abusing dominant market positions."
When Australia's richest person launched the ambitious $10 billion, 55m tonnes a year project iron ore was trading at more than $130 a tonne.
With bondholders facing possibility of default, Australia's St Barbara needs a quick "win-win" exit from its Solomon Islands gold mine taken over by illegal miners.
The iron ore-rich state is the latest of Australia's debt-laden regional governments to announce a selloff of state-owned infrastructure.
If the steel-making material loses another $2 a tonne, it will be the lowest since October 2009.
There’s a death match among iron ore producers, with the big Australian miners and Brazil's Vale increasing pressure on their high-cost Chinese rivals.
Now more than ever, only select mining companies are attracting investors.
Spot falls to $88.90 a tonne as iron ore price suffers weakest quarter since 2009.
In a letter to China's ambassador to Australia, Clive Palmer expressed regret for "any insult to the Chinese people caused by any of the language" he used.
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