Anglo American ships first iron ore from Brazilian Minas-Rio project
Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
BHP to sell US shale assets, limit annual capex to $14 billion
The world’s biggest miner unveiled details about how it expects to meet cost-reduction and productivity improvement targets.
This firm has more than half the copper in LME warehouses
That is worth around $534-$854 million, based on prices of $6,675 per tonne.
Brazil’s Vale close to becoming world’s largest nickel producer
The miner beat estimates after logging a 16% jump in Q3 nickel production, taking total output of the metal this year to 201,400 metric tons.
India closer to ending decades-old state monopoly on coal
The country is opening coal mining to private firms.
Kinder Morgan wins battle over pipeline expansion in Canada
The National Energy Board said Kinder Morgan can conduct survey work at Burnaby Mountain, despite opposition from the city.
Potash Corp remains confident of market outlook despite weak prices
The company is approaching the end of a decade-long, US$8.3-billion investment program to boost its potash production capacity.
Asian gold demand up as India’s Diwali boost sales
The World Gold Council predicts that India will import 850 to 950 tonnes of gold this year.
Boart Longyear gets $352m financial bail out
Saved by the bell.
Rio’s Walsh gets big backing from shareholders, to stay longer as CEO
The move is seen by analysts as an attempt to strengthen the firm’s image.
Fresnillo lifts gold forecast on strong first-half surge
Silver output dropped 12% due to the San Julián DOB mine closure, lower grades, and the end of a silver stream deal with Peñoles.