Rio: $80 iron ore price means ‘a lot’ of miners will disappear
CEO Sam Walsh: "We are the lowest-cost producer in the world with costs of $20 per tonne; I think we’ll be OK."
Latest Stories
Canadian law makes it cheaper to prevent oil sands leaks than clean them up
As the Canadian government pushes a new law rendering pipeline companies liable for all damages from leaks and spills, the only friend to both sides in this polarized world of dirty oil sands is leak prevention technology.
Most US companies ‘unsure’ of whether they use conflict minerals in their products
First reports submitted to the US and the Securities and Exchange Commission (SEC) seem vague.
Newmont stops copper output at Indonesia mine
The miner said its concentrate storage facilities have reached full capacity and that it is still trying to delay putting its employees on paid leave at reduced compensation
Vancouver’s Boss power closes on $30m settlement with province over uranium ban
Officially putting to bed a nearly six-year-old lawsuit.
Kimberley Diamonds restarts Botswana Lerala mine
The Australian miner said it plans to spend $15 million to restart the operation, with work is expected to begin in the first half of 2015.
A bull in a china shop can be dangerous; this excavator isn’t
Watch a CAT mini excavator go though extremely narrow aisles of a store packed with $40,000 worth of valuable glassware.
Liquid potash helps Canada control mussels plague
Zebra mussels reproduce quickly and can disrupt the food chain, clog water pipes and create algae.
Obama unveils historical attempt to curb coal power plants emissions
The controversial regulation, which some lawmakers already are trying to block, is one of the most sweeping efforts to tackle global warming by this or any other administration.