Iron ore price drops through $70
Now Australia's central bank wades into debate about the direction of the iron ore price.
Latest Stories
Brazil mining reform is raising costs for industry – Vale exec
Mining reforms in Brazil are raising the cost of operating without generating increased interest in investing in the sector, an executive for world's largest iron ore producer Vale said on Monday.
South Africa labour disputes drag Petra Diamonds shares down
Shares in the diamond miner fell for a second consecutive day after it warned that two of its South african mines had been affected by strikes.
Liebherr supplies a bearing for the world’s largest compact bucket wheel excavator
The group's Components Division has produced the largest non-segmented large diameter bearing ever manufactured by Liebherr. The roller bearing slewing ring is intended for use in a compact bucket wheel excavator.
Peruvian farmer sues Newmont in US court over alleged use of violence, threats
Acuña and her family claim the company used violence and threats to try to evict her from her home and so make way for its $5 billion gold and copper Conga project.
BHP’s shareholders to vote whether firm should leave Australia’s top mining lobby group
Investors to vote on the two resolutions submitted ethical investing group ACCR at BHP’s annual general meeting in London in October.
Gem Diamonds finds another huge diamond at Lesotho mine
Finding follows the recovery of five other diamonds of over 100 carats so far this year at the company's flagship Letšeng mine, in Lesotho.
Congo’s Gecamines to set new rules on mining proceeds
New controls aims at holding the company's partners, including Glencore, China Molybdenum and Ivanhoe, accountable in copper and cobalt projects
McEwen shares drop after $40m stock offer
McEwen announces bought deal at deep discount to ruling share price to finance purchase of Ontario gold mine.
