Swedish iron ore miner Northland Resources goes bankrupt
Affected by anemic iron ore prices, the Swedish firm joins an increasing number of miners that have fallen by the wayside.
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BHP Billiton spin-off named South32
The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.
China net gold import 1,212t Jan – Nov
Withdrawals from the Shanghai Gold Exchange (SGE) – currently the best indicator of Chinese wholesale demand – keep up a strong pace.
260+ million tonnes of iron ore discovered in Uganda
Uganda may become a more important player in the African iron ore market, after a recent geological survey revealed much bigger deposits of the steel-making ingredient than found during colonial mappings.
US mining can’t find workers fast enough
More than 36% of the jobs in mining and logging stay open for longer than three months.
Vale may settle Simandou lawsuit
Rio Tinto is suing Vale for billions over allegations the Brazilian giant and its former partner illegally acquired the West African iron ore deposit, one of the richest prizes in all of mining.
Anglo American drops Peru copper project
Miner's belt tightening continues.
Gold, silver run out of big sellers
Gold and silver price holds up well in the face of Friday's blowout jobs report, jump in stocks and bond yields and renewed slide in oil.
Sandvik relocates global equipment unit to India and China
The firm is closing several facilities in the U.S. and Europe, as part of a two-year business reorganization set to conclude in the next fiscal.
