Fire batters Rio Tinto’s Cape Lambert iron ore export terminal
The port is one of two terminals Rio Tinto uses to ship iron ore from Australia's Pilbara mining region.
Latest Stories
Acacia Mining fined over alleged environmental breach in Tanzania
Barrick’s Acacia Mining has been hit with a 300-million Tanzanian shillings fine (about $129,144) over allegations of environmental breaches at its North Mara mine.
Imperial Metals suspends operations at Mount Polley mine
The company said there will be no impact to the mine’s ongoing environmental monitoring and remediation program.
Surge Exploration announces spin-out company — CuGold
Surge will continue to hold its interest in its cobalt projects in both Chile and Ontario, and its lithium brine project in Chile.
Chile’s Collahuasi plans resource sharing with Canada’s Teck Resources
Chile's Collahuasi copper mine is seeking "synergies" with companies with operations close to its own mine in the Atacama area.
Norsk Hydro CEO eyes Brazil plant restart in “weeks or months”
The plant is operating at half capacity after early last year admitting it had made unlicensed emissions of untreated water.
China steel prices rise on consumption boost plans, trade talk hopes
China plans to introduce policies to boost domestic spending on items such as automobiles and home appliances this year.
Tanzania’s Magufuli wants central bank to buy gold as part of its reserves
Tanzanian President Magufuli said the central bank should start buying the country's gold to curb smuggling and build reserves to stabilise the currency.
Goldman warns iron ore’s jump into $70s`is not sustainable’
While industry fundamentals have improved, current prices won’t last as more supply is on the way. The bank expects a decline to $60 in six months.
