Vale may settle Simandou lawsuit
Rio Tinto is suing Vale for billions over allegations the Brazilian giant and its former partner illegally acquired the West African iron ore deposit, one of the richest prizes in all of mining.
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Anglo American drops Peru copper project
Miner's belt tightening continues.
Gold, silver run out of big sellers
Gold and silver price holds up well in the face of Friday's blowout jobs report, jump in stocks and bond yields and renewed slide in oil.
Sandvik relocates global equipment unit to India and China
The firm is closing several facilities in the U.S. and Europe, as part of a two-year business reorganization set to conclude in the next fiscal.
Canadian miners find ‘pot of gold’ in Ireland
It was not at the end of any rainbow, but two Canadian firms did find their own pot of gold and are turning Northern Ireland in a new mining frontier.
Refurbishment Extends Cooling Tower Life By 20 Years
An industrial cooling tower’s life expectancy is between 15 and 25 years, yet it is not always necessary to install a completely new system
Vale to sell 15% of its $3bn Mozambique coal project to Mitsui
The miner confirmed Friday it is in talks “with a potential investor,” but did not name its counterpart.
China’s rising: best investment vehicle to make money from it
While China is struggling with its gross domestic product (GDP) growth metrics, the country’s main stock market—the Shanghai Composite Index (SCI)—is easily outperforming the S&P 500 and NASDAQ.
Putin seeks to boost Russian diamond trade through India
The Russian leader is expected to ink a long-sought deal with India during his visit to the country next week.
