Vale’s shares dive as miner posts quarterly loss triggered by iron ore weakness
The world’s No. 1 iron ore producer by volume posted a second consecutive quarterly loss.
Cecilia Jamasmie , Editor-in-Chief
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Apple buying a third of world’s gold to meet demand for iWatch
Interest in the high-end model, featuring 18-karat gold casing, is picking up.
Reopening of controversial Spanish copper mine sparks heated debate
The contract has been awarded to a consortium headed by Grupo Mexico, the same company responsible of a major toxic spill in Sonora last year.
Poor provincial grade disputed by BC mining group
The Association for Mineral Exploration British Columbia says the province still top destination for companies and investors.
Will a dry spell in Chile curb a global oversupply of copper?
A raging seven-year drought affecting copper-rich Chile is making miners grow anxious, with BHP and Anglo American already reporting an impact in their operations.
Rio’s Turquoise Hill gets rid of remaining stake in SouthGobi
Chinese Novel Sunrise Investments has agreed to buy 48.7 million shares in SouthGobi —which was once worth over US$2.4 billion —for 35 cents per share in cash.
IMAGE GALLERY: Here is what CAT’s new headquarters will look like
Take a peek at the six-block campus Caterpillar plans to build.
Greek govt. vows not to touch Eldorado’s mine
But it is going ahead with a thorough review of permits related to a proposed processing plant at the site.
Canada’s oil sands cash flows set to drop by $21 billion
Current operational costs for producers have reached $37 to $40 per barrel. Benchmark U.S. crude, meanwhile, is trading at around $50 a barrel.
BHP pins hopes on spin-off South32
In the second half of 2014 the businesses bound for South32 generated $5bn worth of revenue and almost $890m of earnings before interest and tax.
How 2026 will reshape the US critical mineral resilience
Emerging federal activity shows two key themes: growing support for high-risk minerals and renewed focus on domestic processing technologies.
