June 20, 2012
Joining the likes of NR Narayana Murthy and Azim Premji to blame the Indian government for policy inaction, UK-based NRI billionaire LN Mittal has said the country is potentially condemning…
June 20, 2012
Giant miner Rio Tinto (LON:RIO) continues to build its reputation as the most bullish of the major mining companies after it announced today it will spend $4.2 billion on top-tier…
June 20, 2012
Highlights: completed equity financing for proceeds of $71.6 million, obtained environmental approval for Houston project, signed iron or sales agreement with Iron Ore Company of Canada.
June 19, 2012
Black Iron reported drill results at Shymanivske iron ore project in Ukraine, infill drilling and the intersection of thick iron bands in each hole with grades greater than 30% iron.
June 17, 2012
"Natural resources companies with a pipeline of, say, five projects in five different countries are now likely to build just two or three of those. Thus, executives have the power…
June 17, 2012
By having too much of a good thing, the argument goes, Australia, or the “quarry in China’s backyard”, has become too dependent on commodity-led growth. That has made it lazy…
June 17, 2012
Rates for Capesizes have plunged 98% to just under $4,000 a day from the eye-watering rate of $234,000 set in June 2008 while the Baltic Dry Index which measures overall…
June 17, 2012
BHP Billiton's assertion that West Africa was unlikely to emerge as a key source of the world's iron ore has been challenged by a London-based investment bank behind a number…
June 17, 2012
Diversified Australian resources company BHP Billiton (NYSE: BHP) has its hands in nearly every commodity that can be pulled out of the ground.
June 14, 2012
Illegality in the mining sector has deprived state governments of badly needed revenues, threatened the industry with costly and unpredictable shutdowns, and generated political chaos that helped bring down two…
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