Brazil’s President to change mining regulations as early as next week

Unless demand picks up or more miners cut output, prices for raw materials are set to stay low for years, or worse, continue to drop, the investment bank predicts.

A miserable $400 million down from a high of $4.6 billion in 2012.

The Baltic Dry Index which tracks bulk shipping rates on more than 50 routes around the world drops to lowest since 1985.

The biggest drops were in the construction sector in Latin America (-41%) and in the resources industry in Asia (-37%).

The Legacy mine, located approximately 50km north of the city of Moose Jaw, will be the first new potash operation built in the last 40 years in Saskatchewan.

Sales of excavators expected in China for entire 2015 is fewer than the total in March 2011 alone.

Mining in the Alps dates back much further than previously thought — in the Austrian region of Montafon since the Bronze Age.

Until now, there was no legislature clarifying issues such as whether resources mined from celestial bodies could be sold on Earth.

The stock ignored news from Zambia where President Edgar Lungu said he would not allow the firm to lay off workers at its Mopani Copper Mine, as it mothballs it for 18 months.