September 23, 2011 New pig iron technology demonstration plant now running in Brazil Brazilian diversified mining group Vale, the world’s second largest miner in terms of market capitalisation, has announced that it has started up a demonstration plant to test and further develop…
September 23, 2011 WA Premier won’t extend Oakajee deadline PERTH (miningweekly.com) - Western Australian Premier Colin Barnett reportedly refused to extend a December 31 deadline for a final decision on the development of the multi-billion-dollar Oakajee port and rail…
September 22, 2011 Big 3 profits threatened as iron ore to begin first price drop since 1982 Iron ore's 20-year price run is likely to come to an end in the next three years, according to new data from Bloomberg, with a surge in supply set to…
September 21, 2011 Global miner Rio Tinto says customers asking for commodities shipment delays Global mining giant Rio Tinto plc says some of its customers are asking the company to delay shipments of iron ore and other metals as the global economy slowdown is…
September 21, 2011 Macarthur Minerals increases its Snark and Drabble Downs direct shipping hematite mineral resource by 46% to 14 million tonnes Macarthur Minerals Limited (TSX VENTURE:MMS)(OTCQX:MMSDF) ("the Company") is pleased to advise of a 46% increase in the Hematite Goethite Mineral Resource estimate for its Snark & Drabble Downs potential DSO…
September 21, 2011 Indian iron ore corruption scandal spreads to Goa The Hindustan Times reports that Goa's mining minister, Digambar Kamat, is being accused by the BJP party and members of his own party for participating in illegal mining. The website…
September 21, 2011 BHP’s China sales jump, but weaker growth a risk China's position as the world's economic engine is being reinforced as expectations for growth in developed markets wane, but so is the risk a decline in its appetite for metals…
September 21, 2011 BHP chief’s pay rises to $US11.6 million BHP Billiton chief executive Marius Kloppers’s annual pay grew by 8.5 per cent in the last financial year, to $US11.6 million ($11.37 million). The pay rise (in US dollars) came…
September 20, 2011 Rio on track to mine 240m tonnes of iron ore; analyst downplays oversupply concerns An $85 billion expansion of the iron ore industry in Australia will not depress the price of the crucial steelmaking ingredient because the major producers will simply curtail their outputs.…
September 20, 2011 Rio Tinto senses a shift in mood Despite order books that are full and robust commodity prices, Rio Tinto says that customer sentiment is now more cautious and physical markets are softer than they were six months…
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
