It produced 86.82 million tonnes of iron ore in the April-to-June period, down 2.8% from a year earlier.
Nickel Mining News
Industrial metals are now all trading above their 100-day moving averages and most are no longer in backwardation.
Shares plunged after miner revealed that output fell almost across the board in the April – June period.
Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.
The government will maintain 1.4 billion pula ($130 million) of annual spending on state-owned BCL for now.
The company said financial losses at the mine threaten the viability of the rest of the Cooke operations, which include four mines and three processing plants.
Nickel's jumped back above $9,000 and the outlook is for steady price increases through 2019 despite possible lifting of Indonesian export ban – report.
It will raise its annual exploration spending by 29%, allocating nearly all its $900 million budget to finding new copper and oil deposits in the fiscal year beginning next month.
Gold's nearly $100 jump early on and copper's 4.5% meltdown split mining investors' Brexit fortunes.
Battery technology already makes electric cars possible, as well as helping us to store emergency power, fly satellites, and use portable electronic devices.
Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.
A lithium miner joins top ranks of listed mining firms for the first time as the price of the battery ingredient skyrockets.
First time a country partners with privates to boost the development of the industry.
Capital spending by the world's largest miners since 2010 amounted to $632 billion – 32% of which has now been written off says new report.
An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works.
Scientists say the high manufacturing quality of the blade in comparison with other simple-shaped artefacts suggests a significant mastery of iron working in the Egyptian boy king's time.
Improving agriculture with crop-specific satellite images.
The company will seek a court order to stop the strike, which is already affecting output.
Funds will be used to deploy and operate the firm's Earth observation program, known as Ceres.
Mine sales stumble on looming clean-ups
Sprott monthly market update with Rick Rule: Cobalt bubble coming; Kaminak & The Yukon; streaming & royalties
In the current bull market, with more equity available, streaming and royalty companies continue to provide much needed revenue in the base metals and industrial materials sectors.
New report says mining and metals companies set to default on debt at more than three times the historical rate going back to 1983.
Seven trading days in and already global mining investors are nursing double digit declines as everything from copper to met coal to silver take a beating.
Strategic shift comes as the world's biggest miner tries to regain investors' confidence.
Monday mayhem as metals rally evaporates and mining's top names are dumped – Anglo's losses since a week ago now 28%, Freeport has plunged 25%.