The iron ore price is falling again
Shares in producers are dumped after price of iron ore falls 2% to fresh 22-month on more bad economic news from top consumer China.
Latest Stories
Peru’s President allegedly financed campaign with illegal mining funds
Former head of the National Federation of Artisanal Miners of Peru claims the union gave Humala's party 17kg of gold to help finance his campaign.
Platinum, palladium prices tank on strike deal
Unions representing 70,000 workers and the three largest platinum mines in the world reach wage deal to end almost 5-month long strike.
Metso signs EUR 500 million revolving credit facility
Metso Corporation has signed a new EUR 500 million multi-currency revolving credit facility with a syndicate of 10 relationship banks.
Aussie scientists develop cost-effective way to treat mining wastewater
The treated water can be either released to the environment or recycled back into the purifying plant.
IronPlanet Launches allEquip, the New Way to Buy Used Equipment Online
IronPlanet®, the leading online marketplace for buying and selling used heavy equipment, today launched allEquip.com, an online, “buy now” marketplace of used construction equipment for sale at competitive prices.
Three ABB gearless mill drives up and running at Mina Ministro Hales, Chile
Reliable and energy efficient ABB gearless mill drives enhance productivity by optimizing grinding operations for world’s largest copper producer Codelco
Unreserved heavy equipment and truck auction
No minimum bids or reserve prices on rock trucks, loaders, dozers, excavators and more. Up to 100% financing available.
Asia Resource Minerals CEO von Schirnding steps down
The company, until recently known as Bumi, has named independent director Amir Sambodo as Nick von Schirnding’s successor.