The Junior Minerals Exploration Incentive converts tax losses into exploration credits for investors and provides a tax offset for junior mining companies.

The growth with be possible as new projects come on-stream, GlobalData says.

Expectations are building that benchmark prices can get to $200 a tonne.

Brazil's iron ore export revenues are set to surge 60% this year.

The group includes the former chief executive officer of state-controlled oil company Petrobras, Roberto Castello Branco.

Beijing and Canberra have been at loggerheads for more than a year over a variety of political issues, but the fallout has been concentrated in trade.

The mining windfall is the latest sign of a boom in iron ore, copper and other metals that’s sending an inflationary wave through the global economy.

Companhia Portuária Baía de Sepetiba, Vale's port subsidiary, was fined $430,348 after an inspection.