Brazil’s iron ore giant MMX to sell off 300,00 tonnes of stockpile
The news comes only a day after MMX announced it was temporarily halting operations at its only producing mine.
Cecilia Jamasmie , Editor-in-Chief
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Vale secures key licence for flagship iron ore mine expansion
The project is considered vital for Vale as the miner has been losing market share to Rio Tinto and BHP Biliton.
Executive changes at Antofagasta Minerals, chairman stepping back
Jean-Paul Luksic, who was appointed in 2004, will now take a non-executive role with effect from Sep. 1st.
Treasure hunt madness after $20,000 diamond falls from the sky
The gem is believed to have landed in a field near the village of Lea in Gainsborough, England.
Aggressive cost-cutting boosts silver miner Hochschild core profit
Increased output from its mines in Peru and Argentina also helped the company slash first-half interim loss.
Mexican mining company lied on spill: government
Authorities said Grupo Mexico lied about a spill of 40,000 cubic meters of acids and heavy metals that contaminated two rivers and a dam in the northern state of Sonora.
Ghana’s new law could end illegal mining
The revised regulation will empower courts to confiscate equipment seized from illicit miners.
Brazil’s iron ore giant MMX to file for bankruptcy
Shares in the company fell by almost 8% on the news, hitting an all-time low.
Potash prices, oversupply scaring potential Jansen partners: BHP
Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.
China coal mine explosion traps 29 workers
Last year alone 1,049 people were killed or went missing in mining-related accidents in China.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
