May 26, 2015 Fortescue shares skyrocket on Chinese investment rumours The stock surged over 15% in early trade, closing at A$2.40, or 10.6% up, after reports of Chinese-linked companies seeking permission to invest in the iron ore producer.
May 21, 2015 This is what the CAT 336F L XE hybrid excavator looks like It has a “smart” pump, boom works faster, and burns less fuel.
May 21, 2015 Australia ditches iron ore probe after lobby, China-Brazil supply deal The China-Brazil deal means that in just three years Vale will be producing more than BHP Billiton and Rio Tinto combined.
May 20, 2015 Australian miners warned not to ignore ties between Latin America, Asia The increasing engagement of Latin America with Asia may potentially be at the expense of Australia’s traditional sense of right to be a major Asian player, expert says.
May 20, 2015 Mitsui mulls expanding into food, drugs sectors to offset profit drop The firm created a new division in April to evaluate deals in those areas, and in the past six months has made mining infrastructure-related investments in the U.S. and Africa.
May 19, 2015 Iron ore is not in oversupply Only lower grade fines are oversupplied shows new research report.
May 19, 2015 India’s higher potash import price threatens volumes Having failed in a bid to avoid a price hike in the first two potash import deals for the financial year, fertilizer producers in India expected inward shipments of fertiliser…
May 19, 2015 Global gold, copper, iron ore output down in Q1 — report Much of the overall decline in reported gold output was due to a significant quarter-on-quarter production declines from AngloGold Ashanti, Goldcorp, and Sibanye Gold.
May 19, 2015 BHP chief says inquiry into Aussie iron ore market a ‘ridiculous waste’ Andrew Mackenzie also warned the proposed would damage the Australia’s economy and shift investment to main foreign competitor Brazil.
May 18, 2015 Turquoise Hill rockets on Oyu Tolgoi funding deal Shares in Vancouver firm up 12% after parent Rio Tinto and Mongolia sign landmark deal to fund $5 billion underground expansion of giant copper-gold mine.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
