October 23, 2011 Miners reject local content rules AUSTRALIA'S miners continue to reject calls for reforms to mandate local content requirements, arguing that the sector already supports domestic manufacturing at a high rate. Gindalbie Metals, which is developing…
October 23, 2011 Basic commodities reserve enough for another 4 months, says official The strategic reserves of Egypt's basic commodities are enough for the next four months, said an official source on Sunday. Ahmed Fatahy Abdel Aziz, head of the Control and Distribution…
October 22, 2011 Rio Tinto to close innovative fund helping urban Aborigines AFTER almost 16 years financing groundbreaking projects to fight indigenous social disadvantage around the country, Rio Tinto will shut down its Aboriginal Fund. The move has shocked many indigenous leaders,…
October 22, 2011 Mining companies on the rampage in south-west Australia Australia’s south-west is the only part of the country internationally recognised as a biodiversity hotspot. It is also a major agricultural area. The south-west town Margaret River is one of…
October 22, 2011 Rio said to be looking at 1bn Portuguese iron ore project Sources are reported as saying that mega miner Rio Tinto is looking at reopening Portugal's Torre de Moncorvo iron ore mines in the country's north. Mining giant Rio Tinto is…
October 22, 2011 Iron ore and copper reflect China’s wave of selling Iron ore fell to its lowest level of the year and copper plunged more than 6 per cent as Chinese investors led a wave of selling across industrial commodities markets…
October 21, 2011 Mining ripping away chunks of Great Wall in rural areas One of the Seven Great Wonders of the World is being threatened by mining. Reuters reports that legal and illegal mines operating below the Great Wall of China are tearing…
October 21, 2011 African Iron [ASX: AKI] further significant DSO drill results from Mayoko Australian based iron ore development company, African Iron Limited (ASX: AKI) ("African Iron" or the "Company") is pleased to announce further significant direct shipping ore ("DSO") assay results from its…
October 20, 2011 Iron ore price slide unlikely to stop as China continues to sputter The rout in industrial metals has claimed another victim: iron ore. On the same day that copper tumbled nearly 7% for its biggest slide in a month, Bloomberg reports that…
October 20, 2011 Outokumpu to cut 1 in 6 workers on gloomy steel outlook Reuters reports Outokumpu said it expected to report a significant operating loss in its final quarter as weak demand and prices continued to hit margins forcing the stainless steel maker…
Lundin Gold to invest $100 million in 2026 Ecuador exploration Lundin wants to increase its existing reserves totaling 5.54 million ounces, and identify new deposits through a three-year project. February 12, 2026 | 10:29 am