Report: Iron ore price at $90 in December and widening surplus to at least 2018
Bear market looks inevitable.
Latest Stories
Ritchie Bros. sells hundreds of mining equipment items in South Africa
Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world’s largest industrial auctioneer, sold more than 690 mining and other heavy equipment items, trucks, attachments and parts at an unreserved public auction in Witbank (near Johannesburg), South Africa on March 27, 2013.
Maptek provides Vulcan software for Mongolian mine engineering students
About 2400 students study mine engineering at MUST, with 9 different specialisations offered.
Stunning $1.5 million gold dress to debut at the MTV Movie Awards
The couture gown is made of 10,000 hand-embroidered pure gold sequins.
Gold price suffers third day of losses to touch 10-month low
Fed officials are beginning to call an end to QE.
Swiss create new gold ‘chocolate bar’
VIDEO: A precious metal bar that can be broken into one-gram segments.
Brazil environmental watchdog charges Anglo with a $10m fine over port accident
The incident forced Anglo to halt shipments from the operation, where it produced 6.1 million tonnes of iron ore last year.
Japan gets the green light to mine coal in Mozambique
The mine, scheduled to start operating in 2016, is expected to produce 5 million tonnes of coking coal a year.
Immersive Technologies Launches New Fuel Efficiency Technology to Reduce Miner’s Cost per Ton
Immersive Technologies has launched a fuel efficiency technology aimed at giving mine management an affordable way to address the challenges of rising fuel costs and environmental responsibility.
