Investors call for greater Rio Tinto accountability over destroyed caves

Broad-based advance for mining majors as gold price touches $1,300, iron ore holds $50 and copper price surges 4%

Companies still face another much bigger civil action over November's deadly tailings dam burst at its Samarco iron ore mine in Brazil.

Gold is up more than 20% in 2016 but gold mining equities have doubled and the sector as a whole has returned 53%.

Large mining companies are selling off some of their prized assets after the prolonged global commodities markets rout left some with high levels of debt.

Eight executives will also face charges, although the police did not disclose their names.

Number three iron ore miner looking at options to replace 80 million tonnes capacity on its way to 290 million tonnes annually.

Canada slipped in the Fraser Institute’s global ranking, while Chile remains the most attractive jurisdiction in Latin America.

For private capital mining and metals is the riskiest natural resources sector – but only energy beats the returns.

Chinese import volumes jumped 22% in May compared to last year giving support to iron ore price back above $50 a tonne.