Eduardo Braga (54) takes over a ministry dealing with an alleged kickback and bribery scheme at state-run oil company Petrobras.

Not that they are worth much these days. Gold, in fact, is headed for a second consecutive year of drops.

Dumas is very proud to once again recognize its employees in Timmins and Kirkland Lake, Ontario, for their generous holiday donations to several local charities. This year, they raised more than $11,000, which will sponsor 41 children’s wish lists and provide $1,500 in grocery gift certificates to enable families to purchase Christmas dinner supplies.

Iron ore price drops 3.5% Tuesday to levels last seen during the emergence of the spot market.

It said the exact amount of the impairment is subject to forecast iron ore prices, exchange rates and market conditions when assessed on December 31.

Three people were injured after police used rubber bullets to quell protests in the same village where a woman was shot and killed yesterday, in the latest bout of violence to mar the project in recent years.

The new law could seek to limit mining companies' ability to replace workers during strikes.

Needless to say, the ETF which mirrors the junior resource markets, hasn’t performed well.

The severity of the slide in iron ore prices appears to have caught even the top exporting country's Department of Industry by surprise.