Rio Tinto dodges emissions cut, but issue unlikely to go away

Immersive Technologies has released details on improvements their customers are achieving in Western Australia. Among the results reported are improvements in cycle times, production, time between machine failure and savings in training time.

Orion's Oskar Lewnowski: "For a long time, metals were driven by financial flows... With those guys out, we are back to fundamentals."

In volume terms Chinese imports of commodities led by iron ore and copper surged 17% in November, the best month in nearly two years.

The job cuts, part of a major overhaul, are far greater than the 53,000 positions the miner said it would cut in July.

Once again the world's second largest mining company has cut its spending forecast for 2016, as iron ore hit new lows.

It’s widely expected that the ECB and US Fed will drift even further apart in their basic policy stances this month.

Back in February RIo Tinto's CEO said an iron ore price in the $30s could never happen.

The company wants an "indisputable and final" go-ahead for Carmichael, considered Australia’s largest thermal coal project ever.

The country's largest mining union said it had received notice from South32 about the planned cuts and wants the government to intervene.