Congo Republic ships first iron ore ahead of expected production boom

The greenfield focus is on copper porphyry targets in Chile and Peru.

Another blow to number one iron ore producer Vale's strategy to change dynamics of 1.2 billion tonne seaborne trade.

There are still over 14 million tonnes lying at various jetties since September 2012.

For the first time in a decade, Australia's unemployment rate has hit 6%.

More so than other industry executives, mining execs believe that using mobile technology can be a life-saver.

"We are not happy," said CEO Mark Cutifani.

Up 7.94%.

The miner has been among the most aggressive cost-cutters and plans to find a further $3 billion in savings this year.

The miner's negotiations with one of its major shareholders has turned ugly.