October 15, 2012 Vale seeks $500 million IADB financing for potash project Brazilian giant miner Vale (NYSE: VALE) is about to close a $500 million loan agreement with the Inter-American Development Bank (IADB) for its Rio Colorado potash project in Mendoza, Argentina.
October 15, 2012 Anglo American iron ore unit fires striking miners Anglo America's (NYSE:AAL) Kumba Iron Ore announced on Monday that it had fired almost 300 workers in South Africa for participating in an illegal strike and commandeering millions in company…
October 15, 2012 New study says Brazil is about to flood export markets with iron ore Brazil is slated to produce 820 million tonne of iron ore in 2016, a more than 60% jump from today's levels. How will Chinese demand keep up?
October 14, 2012 Macmahon expects gold to shore up company outlook The CEO of Australia's Macmahon Holdings (ASX:MAH) expects gold to continue performing well despite the weak outlook for the mining sector in general.
October 14, 2012 China’s iron ore imports hit 20-month peak in September Chinese imports of iron ore hit a 20-month peak in the month of September with steelmakers engaging a buying spree as spot prices bottomed out.
October 13, 2012 Rio still upbeat on iron ore The head of Rio Tinto's (ASE:RIO) iron ore business in Western Australia has expressed optimism about the sector's prospects despite a plunge in spot prices this year and concerns over…
October 13, 2012 Fortescue lifts credit extension by $500 million Australian iron ore titan Fortescue Metals Group (ASE:FMG) has increased the size of its credit facility by USD$500 million.
October 12, 2012 Australian miners fire locals and import foreigners While big miners such as BHP (NYSE:BHP), Xstrata (LON:XTA) and Vale (NYSE:VALE) continue to slash jobs across its operations in Australia, some companies are hiring more foreign workers to carry…
October 12, 2012 15% of Queensland’s mining jobs to disappear in two years Analysts say more coal jobs will be axed in the Australian tropical state of Queensland as the beleaguered resources sector continues to weather a barrage of adverse factors.
October 11, 2012 Iron ore: The rollercoaster ride has only just started The transformation of the iron ore market over the last few years has been nothing less than stunning. Those with nerves of steel can look forward to even higher highs…
Silver price suffers biggest loss since 2021, gold price falls from record Earlier, spot prices had soared to as high as $83.63 per ounce. December 29, 2025 | 08:54 am
