Government and company officials told CBC News that a "significant" mining announcement would take place on Monday.
Iron Ore Mining News
Move comes a day after Fortescue Metals said it had built a stake in Atlas large enough to block a takeover.
Michel Temer is expected to issue a decree next week introducing key changes to mining rules that date back to the 1960s.
Fortescue said it had agreed to buy a 15 percent stake in Atlas at A$0.04 per share, or A$55.7 million.
The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .
Global miners face a new reality in Brazil as local, judges included, react quicker and more ferociously to legal infractions.
The leaders spoke for the first time since the announcement in a 30-minute call and agreed to discuss the issue further at the G7 summit in Canada later this week.
The CEO of Fortescue Metals Group said that the company is working towards finding other commodities to mine.
China says implementing tariffs will void agreements.
As soon as the sale was completed, Rio received $150 million in cash and is set to get an unconditional cash payment of $50 million due in 12 months.
No longer under water.
Shandong Xinhai has annual nickel pig iron production capacity of around 1.2 million tonnes.
Tharisa would join Karo Resources, founded by mining entrepreneur Loucas Pouroulis, in building the mine.
While the global mining industry is quickly becoming more digitally mature, that transformation continues to focus on productivity and profitability, rather than on much needed innovation, a new study shows.
A combination of bad news across its operating industries has made Vedanta one of the biggest losers this year among the 10-member S&P BSE India Metal Index.
Deadly protests last week over alleged pollution from the Tuticorin smelter have prolonged a shutdown of the 400,000 tonnes-a-year operation. This time it seems to be forever.
Yunnan Metallurgical Group, which controls Yunnan Aluminium Co Ltd, will be merged into China Copper Co, a joint venture between Chinalco and the Yunnan provincial government.
The Eliwana mine will help the company lift its iron ore grades and so satisfy the new demands of its biggest customer, China, which is increasingly asking for higher quality ore for steel mills to help cut smog.
Brazilian miner Vale SA expects iron ore output at its premier S11D mine to reach 58 million tonnes this year.
Iron ore is still a long way behind other commodity markets, such as crude oil, where paper trade exceeds physical by large multiples.
Despite its insatiable appetite for materials, India is yet to impose itself among the mining heavyweights like Australia, China or even the U.K.
With new technologies providing opportunities for growth, mining companies are preparing to launch into a new wave of investment.
Ore imports aren’t just going up because China’s producing more steel: They’re rising because it’s producing less iron ore as well.
Structural changes in the world's biggest importer, China, are re-shaping how the industry works.
Fabio Schvartsman is pursuing a disciplined approach, keeping tens of millions of tons in the ground each year to prevent another painful glut.