Vale preparing for potential fuel leak from damaged ore carrier

The mining giant is watching every single expense, including those related to safety equipment.

The cuts represent 14% of what was once a 4,300 workforce.

His comments follow this week's decision by the federal court of Australia to overturn government approval for the construction of one of the biggest coal mines in the world.

Compared to the wild swings iron ore dealers have to deal with, gold, coal and copper traders are coasting.

World number two miner copes with 46% drop in price in first half of 2015 but keeps iron ore margins above 60% – where it's been for 15 years.

Wednesday jump brings gains of 28% in less than a month.

It’s an issue that the Canadians for Tax Fairness and the Liberal Party of Canada appear to be hoping to make a federal election issue.

There are good companies doing promising work. Yes, the news flow is slower than in better markets, but that doesn’t mean it’s crickets out there.

India’s Supreme Court has directed that 15 iron-ore mines in the southern province of Karnataka will have to be put up for auction and the process completed within the next 32 weeks.