May 15, 2012

BHP Billiton puts its money on the iron ore market and China

BHP Billiton Ltd. (NYSE:BHP) is betting on the iron ore market as one of the forces to drive the mining industry in the next decade, especially as developing nations such…

May 15, 2012

Chinese steel giant invests heavily in Quebec iron ore property

Toronto to Shanghai is a long haul, even in the age of intercontinental air travel, and Allen Palmiere can attest to that because he’s made the 23-hour trip more than…

May 15, 2012

NMDC mines affected over Naxal attack

Production in the Kirandul mines of the National Mineral Development Corporation (NMDC) in Dantewada district of Chhattisgarh was affected Monday following Naxal attack that killed six Central Industrial Security Force…

May 14, 2012

India plagued by problems acquiring foreign mines

India is not China when it comes to successful acquisitions of foreign mining companies, reports the Wall Street Journal.

May 13, 2012

Commodities sector needs more skilled workers: Dompok

TAMPARULI: More local skilled workers are needed to ensure the national commodities industry remains competitive and market-oriented. Plantation Industries and Commodities Minister Tan Sri Bernard Dompok said given that the…

May 13, 2012

South African steel producers to face collusion charges in tribunal

The Competition Commission has referred a collusion case in the steel industry to the Competition Tribunal and has requested that the tribunal impose a penalty of 10% of each of…

May 13, 2012

Indonesian Ni Ore export tax levied 20pct

The Indonesian government enforced an export tax system effective May 6th 2012 in which 20% export tax is levied on 14 mineral products of Indonesian origin including nickel ore. As…

May 11, 2012

Vale’s $4 billion Apolo iron ore project in Brazil jeopardized

Mining giant Vale (NYSE:VALE) is having second thoughts about going ahead with its $4 billion Apolo iron ore project in southeast Brazil, which may be affected by the federal government's…

May 11, 2012

South African government granted right to appeal in Sishen mineral rights case

A South African court on Friday granted the Department of Mineral Resources and Imperial Crown Trading (ICT) permission to appeal in a complex case for limited rights at Sishen, one…

May 11, 2012

20-billion-tonne iron ore mine in Bolivia in jeopardy

Malaysian News Agency Bernama.com reports that a huge iron ore mine in Bolivia may be doomed as a result of conflicts between the proponent and the Bolivian government.