CHARTS: Iron ore price won’t withstand 2015 supply flood
Dozens of mines closed last year but another 175 million tonnes will have to drop out to neutralize 2015 output growth, which unlike copper is de-risked.
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The gold miner said it expected to produce 420,000 ounces at its only operating mine in Egypt this year, missing some analyst expectations.
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Canadian court hands victory to First Nations in lawsuit against Rio Tinto
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CAT cutting 120 jobs in Peoria
Layoff blamed on weakness in the mining industry.
India’s rocketing iron ore imports
Still minuscule compared to China, but the subcontinent is now a net importer compared to shipments of 120 million tonnes per year before.
