Rio CEO: We’ll cut iron ore output to boost cash flow
Chief of world number two producer Jean Sebastien Jacques signals flexibility after moderating view of Chinese demand.
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SEC said to be probing Rio Mozambique coal deal
World number two miner acquired Southern African coal assets for $3.7 billion in 2011 – sold it for $50 million three years later.
Trump infrastructure bump forecast for global economy
New report predicts US infrastructure spending promised by president-elect could propel global growth to highest since 2011 further boosting metals demand.
CHARTS: Gold miners to hike investment in 2017
Project funding would be main priority, says Moody’s.
Alpha Natural execs. face fraud charges for failing to disclose $100M in liabilities
Regulators argue the undisclosed liabilities increase the probability that the state will be left with claims under the surface-mining and other environmental laws.
Anglo’s Los Bronces mine in Chile to remain shut until safe to resume work
Decision follows a fresh attack by hooded protesters who seized installations over the weekend.
China the centre of lithium universe
Beijing is pushing for zev mandate: 8% of new cars to be electric by 2018, 12% by 2020.
Lucapa granted new five-year exploration licence for iconic Angola mine
The miner said the decision applies to the entire 3,000 square kilometer Lulo site, a project that has bored some massive gems, including the largest diamond ever found in Angola.
CHART: Mining capex decline set to continue
Global miners have been cutting spending on new projects and expansions since 2012.
