February 26, 2012 Rio Tinto, Vale discuss sharing rail system – report Rio Tinto PLC (RIO) is talking to Vale SA (VALE) about sharing rail and port infrastructure for their respective Simandou iron ore projects in Guinea, The Australian Financial Review reported…
February 25, 2012 Vedanta consolidation to create world’s 7th largest natural resources company London-based Vedanta Group (LON:VED) announced Saturday a merger of two of its subsidiaries, Sesa Goa and Sterlite Industries, into a new corporate entity to be named Sesa Sterlite.
February 23, 2012 Prospectors and Developers Association of Canada’s convention pumps $72 million into Toronto economy According to a recent report generated by the Ontario Ministry of Tourism and Culture, the Prospectors and Developers Association of Canada's (PDAC) Convention contributed nearly $72 million to Toronto's economy…
February 22, 2012 Iron ore derivatives market to reach 100 million tons this year The global market for derivates based on iron ore could expand to reach 100 million metric tons in 2012, said data provider The Steel Index (TSI).
February 20, 2012 A new kind of hyperinflation: Zimbabwe hikes mining fees by as much as 8,000% The Zimbabwe Chamber of Mines says the government's hike of pre-exploration fees for the majority of minerals – by as much as 8,000% – together with increased royalty rates will…
February 19, 2012 Rio Tinto invests US$518 million in autonomous trains for Pilbara iron ore rail network in Western Australia Rio Tinto will run the world's first automated long-distance heavy-haul rail network, with a US$518 million investment (Rio Tinto share US$478 million) in driverless trains.
February 19, 2012 Northern Wisconsin Chippewa tribes might use treaties to halt or slow proposed mine Armed with its status as a sovereign nation and powerful treaties with the federal government, the Bad River Chippewa tribe has the legal muscle to do what Democratic opponents of…
February 17, 2012 Anglo American reports solid 2011 profits thanks to coal and diamonds London-based giant miner Anglo American PLC (LON:AAL) announced today record $13.3-billion 2011 earnings, a 23% increase in underlying earnings a share and a 14% increase in annual operating profits to…
February 17, 2012 Longest slump in iron ore since Oct on Chinese stockpiles Iron ore dropped for a seventh day, the longest losing run in more than three months, as the biggest consumer China may slow buying because of increased stockpiles.
February 16, 2012 Sundance shares plummet on further takeover delays Sundance Resources said Thursday approvals for its Mbalam project are only likely to come in 2 months, further delaying a $1.4bn bid by Hanlong.
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
