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%.
The Brazilian miner is considering more non-core asset sales by the end of the year… and it is also working on a secret, "surprising" deal.
Vale's profit fell 84% in the second quarter, mainly due to depreciation in the local currency and lower iron ore sales, the miner's key commodity.
Carajas, fully owned by Vale, is the world's largest iron ore mine and holds 7.2 billion metric tons of iron ore in proven and probable reserves.
Rios' security concerns follow threats from the former guerrilla group Renamo. Vale continues shipments as usual.
It will pay two and a half months salary to about 4,000 workers.
The country's share in the global iron ore market has dropped 7.5% decrease since 2000, close to mid-1970s levels.
The potential takeover comes only four years after Vale bought the project from Rio Tinto.
Mozambique’s coal industry has faced a number of challenges in recent months.
The miner must "abstain from … dismantling installations (and) removing tools, machinery and other work implements" or face heavy fines otherwise.
The country's commodities forecasting agency expects average price to fall to $90 a tonne over the next five years.
Rio and Xstrata are not the only miners rethinking their coal business in Australia. Vale and BHP are reportedly on the same page.
The steelmaking commodity hit a 2½-month low Monday as Chinese steelmakers resist restocking frightened by weakening economic data.
It became the latest large miner to write down assets in the face of falling commodity prices.
Vale's local subsidiary signed a deal with Canadian junior miner Corex Gold to explore for gold and copper in Mexico.
Foreign and local investors spent a total of $3.8 billion in 2012 and the trend is expected to continue this year, with planned investments already amounting to more than $4 billion.
The world’s third-largest miner is set to post the lowest annual profit in three years.
Even with significant ore bodies coming on stream from 2015 onwards in Brazil (Anglo’s Minas Rio and Vale’s Serra Sul), Australia will be able to keep its crown in this commodity kingdom thanks to Rio, say analysts.
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