Brazilian court freezes $260 million from Vale’s accounts

Budget for 2014 is 9.2% lower than last year’s and well below the $18 billion total from 2011.

"We will deliver the expansion at an estimated capital cost of more than $3bn below previous expectations."

Despite high-profile backing from Hong Kong and mainland billionaires Hengshi Mining Investments' IPO has been a disappointment.

Over the past decade, the number of disputes that have resulted in international arbitration has increased tenfold for the oil and gas sector and fourfold for the mining industry. And these conflicts will only escalate.

Award comes as she is dealing with a long-running legal battle with two of her children over who should manage a $4 billion family trust.

It will pay $2.6bn by the end of the month, and an additional $7bn over the next 15 years.

To boost output at its Australian iron ore mines in the Pilbara region.

By 2018, Canada's government wants small and medium-sized enterprises presence in emerging markets to have grown from 29% to 50%.

Construction of Roy Hill iron ore mine's 2,000-person village is complete.