Agarwal plans to keep his Anglo American stake for a long time

NRI business tycoon Lakshmi N Mittal on Sunday said India's economy will continue to grow despite politics over policy paralysis.

ArcelorMittal today announces that a scoping study has identified the potential to utilize ArcelorMittal Mines Canada’s existing infrastructure system and to increase annual production of iron-ore concentrate to 30 million tonnes per annum.

“There is a new level of prices for iron ore globally,” Tito Martins, Vale CFO tells analysts in a conference call Friday.

The Australian reports on a potential clash of visions in the Tasmanian rainforest, where 10 new mines are proposed and 58 exploration licences active.

Vale, the second largest mining company, fell to the lowest in over six weeks today, after reporting its third consecutive drop in quarterly profit driven by declining iron-ore prices and output.

A consortium of Indian firms is among 25 companies shortlisted to invest in new copper and gold deposits in Afghanistan.

Anglo-Australian diversified miner Rio Tinto announced today it has completed the formation of its joint venture with a group led by China's Chalco, subsidiary of state-owned aluminum giant Chinalco, to operate the Simandou iron ore project in Guinea.

Planetary Resources took the wrapper off the new company that plans to mine asteroids, and the company has half a road map on how to get precious metals out of the sky.

When planning an expansion at the largest open pit mine in Quebec, thinking big is important.