Rule requiring exporters to produce import certificates from destination countries in order to claim tax refunds will be waived beginning Sept. 8.
Following a meeting with BHP’s China boss, Beijing issued a statement saying it believed that “BHP and other iron ore suppliers should avoid abusing dominant market positions."
There’s a death match among iron ore producers, with the big Australian miners and Brazil's Vale increasing pressure on their high-cost Chinese rivals.
Good news for the country's copper miners that have been seeking more than $600 million in unpaid tax refunds.
The project is considered vital for Vale as the miner has been losing market share to Rio Tinto and BHP Biliton.
Tighter border controls are set to disrupt the flow of essential supplies and even workers trying to get to work at the African country's mining operations, companies say.
After the WHO declared the current outbreak an “international public health emergency.”
Write-downs also hurt bottom line, yet production robust.
Cuts will occur because the sector is switching from the job-heavy construction stage to the operational phase, which requires fewer workers.
The country's mining industry has lost 6,600 workers in the three months to May.
Vale said the tribe wants to modify an agreement to mitigate the mine's impact on its community's development.
The Japanese firm is said to be looking to either acquire the project, or restart it as partner of Vale.
After over three weeks of being suspended over a chemical spill into a local river into a local river that killed about 1,000 fish.
The bank analysts say the window for profitable investment in new thermal coal mining and infrastructure capacity “has closed.”
Angry rioters attacked the nickel facility, which has been closed since early May after an estimated 100,000 litres of acid-tainted effluent polluted a nearby creek.
Vale says mines are not economically feasible under current market conditions.
Vale claims water quality at the creek is back to normal.
Brazil's mining sector is expected to see slower average growth rates through 2018 compared with previous years, a report by Business Monitor shows.
Loan will help the miner improve its railway network and build a new mining and processing unit in Para state
Brazilian iron ore giant Vale has removed its six international employees and put its local workers on leave.
Mining tycoon Clive Palmer said China-owned conglomerate CITIC Pacific has "raped and disrespected" Australians.
Article published last year by a French newspaper, which said the magnate and his company had been part of a coup effort against Guinea’s current President, was based on fake documents.
Budget for 2014 is 9.2% lower than last year’s and well below the $18 billion total from 2011.
It will pay $2.6bn by the end of the month, and an additional $7bn over the next 15 years.
Miner has until the end of the week to accept or reject the terms of a government’s tax amnesty proposal.
Boosted by higher iron ore prices, profits for the world's second-largest mining company jumped by 114%.
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