Australia's resources minister, Martin Ferguson, has caused a stir with his assertion that the country's mining boom, one of the biggest drivers of its economic growth, is "over".
As he acknowledged, the state of the global economy has depr...
Baffinland's controversial and massive Mary River iron ore mine in the Qikiqtani Region of Nunavut —almost 500 kilometres inside the Arctic circle— continues to polarize residents as the $4 billion project awaits its final approval.
Russia’s state-owned diamond company Alrosa said its board approved the sale of 51% of its Timir iron-ore unit in Siberia to Evraz Plc (EVR), the steelmaker part-owned by mining billionaire Roman Abramovich.