February 7, 2013

ArcelorMittal lost $3.7 billion in 2012, faces violent protests

Stocks at the world’s top steelmaker by sales, ArcelorMittal (NYSE:MT), were down 1.71% at 10:09 am ET this morning after the company announced Wednesday a $3.7 billion net loss for…

February 6, 2013

Rinehart’s personal life hits the small screen

The magnate, famous for being quite private, will see her life showcased in a six-hour mini series based on her unauthorized biography.

February 6, 2013

BHP cuts more Olympic Dam jobs

The giant miner is struggling to keep its massive Olympic Dam project competitive in the current environment.

February 6, 2013

Canadian mining and oil companies set to expand staff numbers

A new survey by one of the world's leading recruitment firms reveals that nearly a half of companies in the Canadian resources sector plan to expand their staff numbers in…

February 5, 2013

INFOGRAPHIC: Market intelligence Feb. 2013

A macro view of the markets highlighting changes in economic indicators, report relevant news stories, reveal commodity and financial trends.

February 5, 2013

Rio Tinto to generate over 2,000 jobs in Western Australia

The diversified mining giant announced last year a massive $3.4 billion expansion to its Pilbara iron ore operations, which is set to create thousands of new positions in the months…

February 4, 2013

Bolivian mining town erects giant Virgin statue that rivals Rio’s Christ

The $1.2 million statue of the Virgin Mary is slightly shorter than New York's Statue of Liberty, but seven meters higher than Rio's famed image of Christ.

February 4, 2013

Guinea wants to bring one of the world’s richest iron ore deposits back to life

Last October, Vale put the scope and schedule for its $1.26 billion Zogota iron-ore project in Simandou South under review.

February 4, 2013

BHP criticized for ‘inhumane’ conditions on site

A registered nurse and former BHP contract worker filed a formal complaint for what he describes as "disgusting" working conditions at the company’s Marradong bauxite mine.

February 2, 2013

Iron Ore Exports at 2.6m Tons

Iran exported over 2.6 tons of granulated iron ore during August 20, 2011-January 19-2013, Iran Minerals Production & Supply Company announced.