February 19, 2012 Rio Tinto invests US$518 million in autonomous trains for Pilbara iron ore rail network in Western Australia Rio Tinto will run the world's first automated long-distance heavy-haul rail network, with a US$518 million investment (Rio Tinto share US$478 million) in driverless trains.
February 17, 2012 Anglo American reports solid 2011 profits thanks to coal and diamonds London-based giant miner Anglo American PLC (LON:AAL) announced today record $13.3-billion 2011 earnings, a 23% increase in underlying earnings a share and a 14% increase in annual operating profits to…
February 16, 2012 Barrick Gold’s profit growth lower than expected Barrick Gold Corp. (TSX:ABX), the world’s biggest gold miner, announced that profit slipped in the fourth quarter as the company booked US$153-million in various after-tax charges tied to redundant power…
February 15, 2012 Goldcorp achieves record revenues and cash flow; gold reserves increase for eighth consecutive year Goldcorp reported fourth quarter gold production of 687,900 ounces at a total cash cost of $261 per ounce, leading to record revenues of $1.5 billion and operating cash flows before…
February 15, 2012 Peru’s Conga Mine future in hands of foreign consultants Peru’s long-running Conga mine dispute moved slightly forward on Tuesday after the government appointed foreign engineers to oversee an independent review of Newmont Mining Corp.'s stalled $4.8 billion gold project,…
February 15, 2012 Rio Tinto and BHP to finance huge expansion at Escondida in Chile A week after announcing substantial profits and the expansion of their vast Western Australia iron ore operations, BHP Billiton (NYSE: BHP) and Rio Tinto (NYSE:RIO) said yesterday that they would…
February 15, 2012 Thousands of coalminers on strike at BHP’s Queensland operations Sydney Morning Herald reports that between 3500 and 4000 miners have walked off the job at BHP Billiton's coal operations in Queensland.
February 15, 2012 Rosy Blue may turn to Rio Tinto for raw diamonds n what can be termed as a major fallout of the indication given by the world's largest raw diamond producer De Beers that it may not increase production this year,…
February 15, 2012 Cameco’s Cigar Lake Saskatchewan mine dealing with outbreak of nasty norovirus A northern Saskatchewan mine is dealing with an outbreak of norovirus. At least three workers at Cameco's Cigar Lake mine are confirmed to have the virus and another 100 workers…
February 14, 2012 Avrupa acquires porphyry copper gold target exploration license in Kosovo Avrupa Minerals Ltd. (TSX VENTURE:AVU) on Tuesday announced the acquisition of the Koritnik porphyry Cu-Au exploration license in southern Kosovo.
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
