Mines making correct use of data are seeing improved results, says AMC.
Australia Mining News
The billionaire and other Israeli businessmen are suspected of paying tens of millions of dollars to senior state officials to secure a licence for Simandou, local police said.
The department’s most recent deficiency letter includes numerous comments, largely related to parts of the application that were missing or incomplete.
While it was “only a small diamond at 0.124 carats,” the firm says it demonstrates the potential for valuable coloured precious rocks at the mine, currently in its ramp up phase.
Move follows extensive talks with Chinese and Mongolian authorities.
Scientist from Victoria University of Wellington says too little is known about the seafloor communities found in in New Zealand's Exclusive Economic Zone.
Company said the decision to place its the Stawell gold mine into care and maintenance was based on dwindling production at the operation.
BSGR will sue Rio Tinto in the English High Court to recover losses allegedly caused by Rio's actions, which run to several billions of dollars.
A new iron ore facility in Western Australia expects to start mining in early 2017.
Mine is set to start operations by the end of the year, with first shipment set for January 2017.
The steelmaking raw material is up 85% this year, or more than double its December 2015 price.
Russian-Canadian Vera Kirikova will become human resources group executive while Simone Niven will assume the corporate relations group executive post.
Just as quarterly benchmark negotiations between miners and Japanese steel mills kick off, the coking coal price comes off the boil.
While the miner is not longer being pressed to include its platinum assets in the divestment plan, the issue of how to package mines and which ones to include, remains a bone of contention.
Chief executive Jean-Sebastian Jacques comments come as the company had to suspend shipments from the Mongolian mine last week.
Pilbara's Roy Hill is ramping up to 55m tonnes per year capacity.
After buying ought out its two Japanese partners, Itochu Corp and Sumitomo Corp.
Indian conglomerate's $16 billion Carmichael coal mine in Queensland clears "final major State and Federal Government approval".
The Chinese miner is also having a hard time trying to convince Western lenders of financing part of the deal.
Coking coal prices retreated on Friday, but only slightly, holding above $300 a tonne after two months of insane gains.
Soaring coal prices have helped Glencore, the world’s biggest provider of the thermal kind, straighten its balance sheet.
In the last week alone, seven miners have been killed and 22 others remain trapped, following two accidents in local coal operations.
The Norwegian-based company Sahara Forest Project has signed a cooperation agreement to start a feasibility study to explore opportunities for producing food, freshwater and clean energy near the Western Australian city of Karratha, greening arid areas at the same time.
Exchange rules the firm was not allowed to resume trading due to concerns about controversy-plagued Chinese majority shareholder Hanlong Group.
Project funding would be main priority, says Moody’s.