4 years late, $6bn over budget Sino Iron fires up one 4mtpa line
China's Citic Pacific's $8 billion magnetite mine in Australia has finally gone into production.
Latest Stories
Oil sands M&A slumps to 9-year low
Canadian crude industry badly affected by increased government scrutiny of deals and a slump in the price of bitumen-derived oil.
Chinese miners face off over Glencore Xstrata’s vast copper mine in Peru
If any of the two bids is successful, Las Bambas will be China’s largest acquisition of an overseas copper asset.
Rio Tinto finds thermal coal the hardest sell
Bidders for its Clermont mine in Australia want too much of a bargain.
Watson-Marlow Pumps Aid the Recovery of Rare Industrial Mineral
Chemical reagents metered include methyl isobutyl carbinol, sodium isopropyl xanthate, sodium carbonate.
39% of Canada’s mining executives will retire within 5 years
And only 22% of companies have any sort of succession plan in place.
Former Xstrata CEO Davis gets a $1bn injection for new venture
The venture, named X2 Resources, seems to be a clear effort to replicate Davis’s success at Xstrata.
Mexico proposed 7.5% mining tax scares away investors, kills juniors
While it may not be a major challenge for mid-tier miners with established operations, it would be "prohibitive" for smaller players, analysts say.
The Glencore giant isn’t coming for us: OZ Minerals
UK media suggested this weekend that Glencore had quietly built a 10% stake in OZ and was considering a bid.
