Rio Tinto planning Australia’s largest iron ore mine
The 70 million tonne-a-year project in the Pilbara is meant to replace other Yandicoogina’s areas that are running out of ore.
Cecilia Jamasmie , Editor-in-Chief
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UN opens up more deep sea areas for mining, issues seven new licences
State-owned and private companies from the UK, Germany, India, Brazil, Singapore and Russia are among those to benefit from the seabed regulator’s decision.
BHP Billiton wants bigger share of the iron ore market
BHP’s major vote of confidence in iron ore proves the company trusts it can mine the bulk commodity for less than many rival producers, and thrive even in an environment of weakening prices.
Anglo American iron ore division earnings fall, but beat estimates
Anglo's unit Kumba plans to almost double production by 2030.
De Beers changing its diamond sales model
The world's largest diamond miner by market value said it will adopt a more flexible sales approach.
Indonesia lifts six-month ban of metal concentrate exports
The shipments, the first of their kind in six months, were allowed after Sebuku Iron Lateritic Ores (SILO) and Lumbung Mineral Sentosa agreed to pay the new 20% tax.
London Metal Exchange traders fined for standing up
Following a 19th century tradition traders today must sit on the red leather sofas arranged in a 20-foot diameter inner ring.
South Portland bans Canada’s oil sands
Enbridge's Line 9 reversal project threatened after Maine city council opposes exporting Alberta oil.
Newcrest shareholders sue miner over disclosure breaches
The miner, which has already settled for $1.2 million with the Australian Securities and Investments Commission, has vowed to vigorously defend the class action.
Opposition, new safety rules to test the oil by rail model
Pipelines, however, have proven to be neither an easier nor a cheaper solution.
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.
