This year is shaping as a tipping point that will see company collapses increase, insolvency and industry experts say.
Iron Ore Mining News
Experts looked at over 500,000 survey responses from over 60,000 employees in 13 different industries worldwide.
The collapse of the global resources stock market capitalization will have severe consequences.
According to official figures, Iran has now more than $10 billion of investment pledges under its belt.
The move comes only three months after U.S. President Barack Obama signed a space exploitation law.
FTSE 100 reweighting to take place in March.
Nautilus Minerals Inc. announces that the Solwara 1 Joint Venture (comprising Nautilus 85% and Eda Kopa (Solwara) Limited 15%) has taken delivery of the three Seafloor Production Tools (“SPTs”) from Soil Machine Dynamics Limited’s facility in Newcastle upon Tyne.
The company is said to be wanting to offload its Barro Alto nickel mine and the vast Minas-Rio iron ore complex.
More than 200 delegates from the mining, renewable energy and finance sectors attended this event.
Iron ore prices, traditionally influenced primarily by demand and supply factors in the physical market, are showing signs of becoming “financialised” as paper trading increasingly plays a part in driving prices.
BHP Billiton began evacuating workers from its Port Hedland export facilities early Friday.
Quoting levels "very low" and machines already sold are not being put into service by mining companies.
Ruling puts and end to dispute dating back to 2013.
The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.
Embattled miners have cut jobs in the face of plunging commodity prices, putting pressure on the South African government
New warnings about impact of super-concentrated supply of steelmaking raw material.
Mining hits a BRIC wall.
The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.
The company has now at least 60 days to come up with a plan to address and fix pollution problems tied to its operations Tubarão, one of Vale's most important ports.
China’s slowdown is nothing new. Growth peaked in 2007 and had been on a clear downward trend since 2011.
Iran is opening $29 billion of projects to foreign investors now that sanctions have been lifted.
The suspension of activities at Vale's Port of Tubarão, ordered by a Brazilian federal court on Thursday, is likely to cause strong reaction in the global iron ore market.
Top miners BHP Billiton, Rio Tinto, Vale and Anglo American are among the firms at risk of rating downgrade.
He said he would open up after a creditors meeting next week in Townsville, where his his Queensland Nickel company is based.
CEO Ricardo Vescovi and operations chief Kleber Terra were among those accused of environmental crimes by Brazil’s Federal Police earlier this month.