Figure represents about a third of the country's iron ore mines currently in operations.
Iron Ore Mining News
Iron ore miner says it has the ability to expand its production capacity beyond the 55 million tonnes it has targeted.
Following several days of losses, iron ore spot markets saw a slight growth on Tuesday
There is a strong correlation between the location of BIF caves and the presence of iron ores of global economic significance
The Sierra Leone-focused miner has found gold of almost "bonanza grade" at the Ferensola gold project in the Sula Mountains of Sierra Leone.
It would have opened up for mining a vast national reserve in the country’s Amazon, larger than the size of Switzerland.
China is expected to slash in half the rate of steel production in Tangshan, a city in the north-east that produces 11 per cent of the country’s total output
The Mineracao Rio do Norte (MRN) bauxite mine is experiencing problems with its tailing systems due to a water shortage caused by dry weather.
Companies have reached agreement for the expansion of Cat® Command for Hauling at Fortescue’s iron ore mines in the Pilbara region of Western Australia.
Jeremy Corbyn, whose Labour Party came second in the 2017 UK general election, has reached out to communities hit hard by the downtown in the coal and steel industries.
Public prosecutor for the state of Minas Gerais, where the iron ore mine is located, ordered the company to reschedule two public meetings as it had failed to inform of it to all communities potentially affected by the planned expansion.
The commodity has fallen every week so far in September.
Brings the total to $4 billion for the year.
As always when prices start to decline after a surge that appeared unrelated to supply-demand fundamentals, the question is will the reverse become a rout and where exactly does fair value lie?
He intends to buy as much as 1.5 billion pounds (about$2 billion) worth of additional Anglo American shares.
Now Australia's central bank wades into debate about the direction of the iron ore price.
BHP Billiton Foundation announced Tuesday its financial support for two new global projects launched at an event held in Washington DC.
Investors to vote on the two resolutions submitted ethical investing group ACCR at BHP’s annual general meeting in London in October.
The company is also interested in investing in the electricity sector itself or through a joint venture.
Chinese steelmakers are producing at record rates before mandated cuts in winter which could result in a steep drop-off in iron ore demand later this year.
He joined the company's board in September 2011 and was appointed chief financial officer in April 2013.
The company, India's biggest local steelmaker, aims to be producing 80% of the iron ore needed for its flagship plant in south India in three years time
North Korea may not have proved petroleum reserves, but it's estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare earth minerals—worth an estimated up to US$10 trillion.
Mineral exploration spending (excluding petroleum), which rose 9.9 per cent in the June quarter to an estimated $437.7 million on a seasonally adjusted basis.
Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities on Earth.