June 12, 2012 Dr Kloppers took home $15 million last year. How is the sypercycle turning out for you? The 49-year-old boss of the world's largest mining company took home £9.8 million ($15.2 million) last year including bonuses, pension contributions and stock options.
June 11, 2012 Guinea begins production at first iron ore mine Reuters reported Guinea, in partnership with Bellzone (LSE:BZM) and the China International Fund, has begun operations at its first iron ore mine.
June 11, 2012 Millrock and Vale enter option agreement concerning the AUDN copper-gold Porphyry project, Alaska Vale is providing funding to Millrock for research and exploration along the Alaska Peninsula porphyry belts. Vale may earn 65% interest by expending US$3.5 million for exploration on the project…
June 10, 2012 Guest worker upset begets job board so Australians see positions first The Australian government launched a Resources Sector Jobs Board so employers can prove they made the job widely available to citizens before they apply for guest workers.
June 8, 2012 Fortescue raises $490M for Pilbara iron ore expansion plans Fortescue has secured $490 million in corporate senior debt facilities to top up funding for its iron ore expansion plans in the Pilbara region of Australia.
June 8, 2012 Minerals Council of Australia accuses unions of racism The Minerals Council of Australia (MCA) has condemned unions, saying they are running a nonsensical "race-based" campaign.
June 7, 2012 Kloppers clobbers capex: Forget Olympic Dam and Jansen, BHP is now even cutting back iron ore “The economics of some of these projects has changed,” he said. “I think for the next two years, 18 months perhaps, we will just wait and see how things develop.”
June 7, 2012 Rio Tinto is looking for a Marketing Director Rio Tinto is looking for a dynamic Marketing Director to join our marketing team in the USA. The Marking Director, North America, is accountable for all sales, marketing and client…
June 7, 2012 10-year review critiques the mining industry’s sustainability The IIED report urges the sector to move from improving its standards in principle to actually implementing them in practice.
June 6, 2012 Global mining industry profits and shares went different ways in 2011: PwC Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.
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
