Goldman: Iron ore price to decline next two years
"Prices must overshoot relative to marginal production costs in order to trigger mine closures on a sufficient scale."
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Newmont’s Indonesian copper exports to restart
Exports suspended for nearly two months over building of smelter.
Judge throws out multi-billion dollar Rio lawsuit against Vale
Rio Tinto said Vale conspired to "steal" the Australian giant's massive Simandou concession in Guinea.
New Cat® 6015B Hydraulic Shovel Moves More Material at Lower Costs
Building on the robust and productive Cat® 5110B, the new 6015B Hydraulic Shovel delivers a productivity advantage over other 100-tonne shovels thanks to the most powerful engine in its class, a large standard bucket and payload capacity of 14.6 tonnes.
Sepro Mineral Systems Corp. to supply 2 Falcon C1000 Machines to Minsur Cancha 35 Project
Sepro Mineral Systems Corp. has completed development of 2 Falcon C1000 Continuous Gravity Concentrators for delivery to Minsur as part of their Cancha 35 Project located in the Puno region of Peru for use in the recovery of tin concentrates.
SmartMill™ to bring advanced embedded control to grinding mills
SmartMill™ solution to your grinding mills
Commodity prices have not bottomed yet — Goldman Sachs
Unless demand picks up or more miners cut output, prices for raw materials are set to stay low for years, or worse, continue to drop, the investment bank predicts.
Global coal imports heading for second year of ‘dramatic’ drops
The EIA says China and India are to blame, as imports from both nations — which from 2008 to 2013 accounted for 98% of the increase in world coal trade —are on their way down.
China admits to have killed 28 suspects on coal mine knife attack
The deaths of the alleged "terrorists" took place over a 56-day operation by security forces, the Chinese government said.
