One asset leads South African miner’s growth in Q1-2018

“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.

Google's billionaire co-founders Larry Page and Eric Schmidt and filmmaker James Cameron will officially announce today plans to mine asteroids. The company's presentation will be broadcast live today at 1:30 p.m. ET.

Billionaire Australian Gina Rinehart, is taking Rio Tinto to court, demanding the world's third largest miner pay her 2.5% of the income streams from iron ore production at the Channar and Eastern Ranges mines on top of the royalties from three other Pilbara properties she is already receiving.