Value of Aussie iron ore miners up $65bn this year
Thanks to an unexpected price increase for the steel-making material.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
AngloGold Ashanti up over 6% after strong set of Q3 results
The cost-cutting miner, however, warned it's in the process of exiting a number of exploration projects in 13 "non-core" countries.
South African ex-union official shot dead in Marikana
The man, ambushed outside his home in the mining town of Mooinooi, became the fourth person with ties to the NUM murdered in the platinum belt region in the past three months.
SLIDESHOW: Chile turns world’s largest open pit copper mine into an underground operation
The $4.2 billion underground operation is expected to produce 140,000 tonnes of copper per day.
Anglo American’s Kumba, ArcelorMittal reach iron ore supply deal
The deal, effective Jan. 1, marks the end of all existing legal battles between the two companies.
US regulators try again on commodities trading limits
CTFC is proposing revised rules limiting positions.
Peru confirms China’s largest copper producer wants a stake in Las Bambas
Peru’s Minister of Energy and Mines Jorge Merino expects sale to close before the 2014 deadline.
Switzerland launches probe into refiner Argor for alleged Congo gold laundering
Swiss authorities to determine whether the firm knew the gold it handled in 2004 and 2005 came from a militia group in eastern Congo.
Goldcorp’s $3.9 billion El Morro faces new legal threat
Indigenous community opposing the project to submit new lawsuit against it this month.
Japan to test rare-earth mining from deep seabed mud
A government-backed trial will lift mineral-rich seabed mud to the surface as Tokyo seeks secure supplies beyond China.
