Vale to sell 15% of its $3bn Mozambique coal project to Mitsui
The miner confirmed Friday it is in talks “with a potential investor,” but did not name its counterpart.
Latest Stories
China’s rising: best investment vehicle to make money from it
While China is struggling with its gross domestic product (GDP) growth metrics, the country’s main stock market—the Shanghai Composite Index (SCI)—is easily outperforming the S&P 500 and NASDAQ.
Putin seeks to boost Russian diamond trade through India
The Russian leader is expected to ink a long-sought deal with India during his visit to the country next week.
Martin Engineering Designs Custom Work Cell To Mold Conveyor Belt Cleaners
In a move designed to deliver global product availability and consistency with the fastest possible response to customer orders, Martin Engineering has announced the design and manufacture of a custom molding cell for its polyurethane conveyor belt cleaners.
Walsh: My ‘amazing’ Rio turnaround ‘will be a Harvard case study’
Rio Tinto CEO credentialing ahead of another round with "combative" Ivan Glasenberg.
Iron ore price surges
Benchmark 62% fines up 3% and premiums for high quality lump ore jump to 11-month high.
Jeffrey Nichols: paper gold bears losing grip on price
Physical buyers numbering millions are setting up a sustainable long-term gold price upswing in the face of a small group of speculators.
China said to consider scaling back restrictions on gold imports
China’s central bank circulated a draft plan to ease restrictions on gold imports, said people with knowledge of the matter, in a move that may lead to lower prices in the world’s biggest market for bullion.
Glencore’s massive Canadian Donkin coal mine sold to U.S. firm
News feeds long-standing hopes of a mine reopening and job generation in the impoverished area.
