August 21, 2012
BHP boss bucks bonus
Marius Kloppers, CEO of mining giant BHP Billiton, has decided to waive his annual bonus in light of a recent forecast in which BHP's revenues are projected to drop 38%
August 21, 2012
Marius Kloppers, CEO of mining giant BHP Billiton, has decided to waive his annual bonus in light of a recent forecast in which BHP's revenues are projected to drop 38%
August 20, 2012
Philippine gold production dropped by over half, but the reduction may have more to do with tax policy than actual output.
August 20, 2012
Iron ore has only enjoyed three up trading days over the last six weeks.
August 20, 2012
The company announced today that it intends to make a bid to purchase certain of its outstanding common shares. As at August 15, 2012 there were 94,864,071 commonsShares issued and…
August 20, 2012
Given Chinese officials' penchant for painting rosy economic pictures, it is something of a big deal when a state-backed institution such as the China Iron and Steel Association makes such…
August 19, 2012
Glasenberg’s determination to continue with the offer as originally planned comes amid growing signs that Xstrata is more confident of its position on a stand-alone basis.
August 19, 2012
The restart of iron ore mining in Karnataka amid multi-year low prices for the commodity is not seen to impact the global seaborne trade in the near-term.
August 18, 2012
More than just rivalry between unions, the platinum mine violence in South Africa has implications for the ruling ANC alliance.
August 18, 2012
"We are extremely encouraged by these early drilling results, as they appear to confirm our original geologic interpretation of the significant iron mineral resource potential at Lac Virot."
August 17, 2012
All-aluminum uni-body cars are starting to go mainstream.
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