Vale says S11D to push costs down to $10 a tonne
World's top iron ore miner saves $2.6 billion on giant expansion bringing 90 million tonnes of ultra-cheap ore to markets in little over a year's time.
Latest Stories
Obama ends seven-year saga: rejects TransCanada’s Keystone XL pipeline
The decision, confirmed this morning, puts an end to a seven-year saga that became one of the biggest environmental flashpoints of Obama's presidency.
Regulator to weigh on Suncor attempts to take over Canadian Oil Sands
Suncor steeped up its hostile Cdn$4.3bn bid for COS by asking the Alberta Securities Commission to strike down the target’s rights plan to prevent a takeover.
Gold prices are collapsing on surprisingly strong US jobs data
Blame Fed Chair Janet Yellen, as she said earlier this week that a rate hike in December was a “live possibility” if the economy continued to perform well.
Oil megaprojects won’t stay on the shelf for long
One casualty of the oil price downturn could be the megaproject.
Six mining companies that pass Craton Capital’s shareholder-centric filter
From his perch in Johannesburg, Swiss-born Craton Capital Fund Advisor Markus Bachmann has been watching the metals price and cost cycles, and he has some good news.
Illumiti and Vandrico Launch MineSafe Smartwatch Running on the SAP HANA Platform
The MineSafe Smartwatch is a tool to help miners identify and respond to potentially dangerous issues. The watch enables real-time communication between miners underground and their support team on the surface.
Highland Valley Copper announces layoffs – reports
Thirty percent production cut planned.
Several casualties feared after tailings dam bursts in Brazil
Images of widespread damage.
