Brazil police say key part of Vale dam probe to wrap up in June

Mick Davis hasn't spent a cent of his $6bn, but private money and non-mining players' share of M&A has already doubled in less than three years.

Today's results are the lowest earnings Vale has reported in six years and its third straight quarterly loss.

Minerals are the bedrock of the manufacturing industry.

Iron ore price falls 4% on Wednesday as oversupply, Chinese steel fears return.

The order would be the largest in history for Vale's giant ships, known as Valemaxes, which can carry up to 400,000 deadweight tons.

But the miner revised down its 2015 U.S. iron ore sales and production volume estimate to 20.5 million tons, from its previous guidance for 22 million tons

Prices for the steel-making material added Monday US$1.28 or 2.17% to US$59.09 a tonne, taking its gain since bottoming on April 2 to 25%.

After five consecutive months of decline, global mining exploration began showing signs of life in March, particularly in the gold sector, a new report shows.

China is the globe's top mining country, but its alarming reserves-to-production ratio is forcing domestic miners to hunt for deals in the rest of the world.