November 30, 2012

Canadian miners to face triple whammy in 2013: higher costs, lower ore grades and global uncertainty

Study suggests companies to invest now and so ensure they can fulfill future global demand for commodities.

November 30, 2012

Cameroon a step closer to $4.7 billion iron ore mine

Australian Sundance Resources (ASX: SDL) announced Friday it has signed a contract with the government of Cameroon, which paves the way for a mining permit and the beginning of construction…

November 30, 2012

Gangs of thieves steal millions from Aussie mines

Crime groups target mining equipment following growth in resources sector

November 30, 2012

India’s crack down on illegal mining is a $15 billion blessing for overseas iron ore producers

Diversified giants pick up the slack in East Asia

November 29, 2012

Cost inflation to eat miners’ results in 2013

The rise of mining costs will have a more dramatic impact on the 2013 industry results than in the last couple of years, revealed Thursday global ranking agency Fitch Ratings.

November 29, 2012

BHP chairman confirms succession planning for Klopper’s position as CEO

Company could recruit candidates from outside mining industry

November 29, 2012

Rio to slash spending by more than AUD$5 billion

Yet remains upbeat about iron ore and green shoots in China's economy

November 28, 2012

Mining industry could save billions on capital projects – report

Mining and metals companies saw expenditures reach over $140 billion in 2012, but a study published Wednesday by consultants at Accenture (NYSE: ACN) indicates the sum could have been considerably…

November 28, 2012

Wuhan Iron and Steel to raise USD$2.4 billion for purchase of iron ore assets

Move will diminish dependency upon external iron ore sources

November 27, 2012

Iron ore sinks to month low as Chinese steelmakers’ profits collapse 82%

Compared to the steelmakers, miners enjoyed a soft landing with profits down only 5.5%.