Iron ore slump turns into rout
The latest downturn in the price comes as iron ore stockpiles at Chinese ports climb by more than 420,000 tonnes in a week to almost 100 million tonnes.
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Rio Tinto banking on China rebound as profits drop 34%
Giant miner Rio Tinto is closing down its Blair Athol coal mine in Australia as the company considers whether to limit spending on new projects next year.
Teddy Roosevelt’s North Dakota badlands ranch ‘threatened’ by gravel pit
Theodore Roosevelt’s ranch in the badlands of North Dakota where the “restorative power of wilderness” made a “lasting impression” on the 26th […]
Rio Tinto’s Blair Athol Mine to finish production
Rio Tinto Coal Australia's Blair Athol Mine, near Clermont in Central Queensland, will finish mining operations this year after almost 30 years of production.
Hecla Mining’s bid to take over US Silver falls through
US Silver board of directors voted instead to merge with Canadian RX Gold & Silver and form a new firm.
Rio Tinto announces first half underlying earnings of $5.2 billion
The company points to its iron ore division's record performance as reason for first half underlying earnings of $5.2 billion.
South Africa’s gold production continues to fall
South Africa's total mineral production grew 4.2% in June but the negative trend in gold output continued its course with bullion output dropping 4% by volume.
There is more to gold than mere capital appreciation
With more investors realizing that safety of capital is the real reason to own gold, safe storage is more important than ever. Read more in this exclusive Gold Report interview.
What happens to the gold world when Greece exits the eurozone
It’s becoming clearer and clearer that there is a large blind spot in the minds of financial people regarding this probability. Only financial those who have been in the markets for 40+ years understand what can happen.