March 13, 2013

Rio Tinto in Guinea: Will it stay or will it go?

Simandou, expected to cost more than $10 billion, is proving too costly for the giant miner, currently focused on selling non-core operations to curb costs and bolster its balance sheet.

March 13, 2013

Tata Steel gives Labrador Iron Mines a $30 million cash injection

Rationalization and cooperation

March 12, 2013

The ‘revolution’ in the next decade of mining

Deloitte CEO Glen Ives believes the mining industry will 'revolutionize' the way it approaches projects in the coming decade.

March 12, 2013

Iron ore fall strikes projects, miners and frightens investors

The steelmaking commodity hit a 2½-month low Monday as Chinese steelmakers resist restocking frightened by weakening economic data.

March 12, 2013

BHP imminent asset sales could raise $25 billion

The mining giant is rushing to sell at least 10 non-core assets to reduce debt and simplify its operations.

March 11, 2013

Asteroid mining to dominate the industry: experts

Geologists believe that asteroids hold iron ore, nickel and precious metals at much higher concentrations than those found on Earth.

March 11, 2013

Going clean and green: abandoned iron ore mine transforming into hydro plant

Ontario iron ore mine to become a hydro power storage facility.

March 11, 2013

Rio Tinto’s miner dead four days before found

Australian miners and unions say the rising number of mine deaths that go unnoticed for days is concerning.

March 7, 2013

Commodities ‘supercycle’ will last another 15 years: JP Morgan

The current slowdown is just a pause in the commodity supercycle’s 'continuing spin.'

March 7, 2013

Iron ore price: BHP counters Beijing claims of market manipulation

China says the 80% rise in the iron price between September and February was brought about by traders and miners creating an artificial supply shortage.