Steelmaking raw-material close to 8-month low as currency of top ore importer China is pushed down by central bank, boosting domestic producers.
Net proceeds to fund growth projects
Adam Low of Raymond James believes that the outlook is excellent for zinc, good for copper and neutral for iron ore.
As a result, the Australian company announced an interim dividend of 10 Australian cents per share – last year the company didn't offer this payout.
The calculations are based on a silver price of $25 per ounce and a gold price of $1,450 per ounce.
The world saw record bar and coin demand last year – 28% higher than in 2012.
Iron ore price up 3.7% from steelmaking raw material's rule-of-thumb level as China stockpiles imports and shuts out low-quality domestic supply.
The greenfield focus is on copper porphyry targets in Chile and Peru.
Another blow to number one iron ore producer Vale's strategy to change dynamics of 1.2 billion tonne seaborne trade.
For the first time in a decade, Australia's unemployment rate has hit 6%.
Down Under’s richest living prospector Mark Creasy, just got US$167 million richer.
Evaluating rare earth projects is a tricky business, and the ambiguous reporting methods some companies use don't make it any easier.
More so than other industry executives, mining execs believe that using mobile technology can be a life-saver.
"We are not happy," said CEO Mark Cutifani.
Despite extreme measures taken by gold miners to balance their books, the sector continues to suffer the aftermath of last year’s precious metal price nosedive.
Net loss for the entire year climbed up to a monster $10.37 billion.
The miner has been among the most aggressive cost-cutters and plans to find a further $3 billion in savings this year.
Killian Charles, a mining analyst with Industrial Alliance Securities in Montreal, was tired of hearing how gold companies were doomed to failure because of the listless gold price. So, he started "auditioning" companies for Gold Idol.
Space Agency in search of potential business partners as US government denies further funding.
The forced transfer of US$5.5 million in assets comes after the PNG Government's took over the mine in 2013 and nationalized it.
A Western Australian court has shut down Forrest's bid to stop a company from sand mining on his family's cattle station.
Since the beginning of the industrial age, steel has been an essential raw material.
Groups say the mine would lead to 'large scale' destruction of forested areas.
Planetary Resources' Chief Engineer Chris Lewicki spoke with MINING.com about his company's plans to mine in space.
Says the Kayelekera mine is unprofitable at current uranium prices.
The company said the move isn't an indication that the mine will close.
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