Billionaire Gina Rinehart wealth swells as family split lingers

The report, based on responses from 108 buyers and decision-makers across 100 mines in 16 African countries, shows most plan to acquire equipment and maintenance services.

Quebec's highest court has refused to hear an appeal of a last year judgment that rejected a motion to dismiss the millionaire lawsuit against the miner's Iron Ore Co. of Canada (IOC).

Still minuscule compared to China, but the subcontinent is now a net importer compared to shipments of 120 million tonnes per year before.

The firm is also said to have of caused civil turmoil and tensions in the region after introducing armed militia to protect its illegal operation.

The miner believes that while the market is oversupplied now it will tighten from 2018.

But only 34% plans to hire full-time employees and a further 20% is actually considering job cuts.

Active production at the Canadian Bloom Lake iron ore mine has completely ceased, and the sale of the firm's its struggling coal division has been completed.

The concept of a government-backed initiative to manage CSR abroad is being looked at by various nations, including Canada and the U.K.

Ban on iron ore mining and exports in top producing states of Karnataka and Goa led to job loss of one million people, directly and indirectly, according to a ASSOCHAM-Yes Bank joint study.