Rio Tinto plc ( RIO ), one of the world's largest iron ore producers, recently predicted that the world mining industry would need to produce at least another 100 million metric tons of the steelmaking commodity per year over the next eight years to

Brazilian miner Vale announced a plan for processing 80Mt of iron ore waste from tailings dams in Minas Gerais state in Brazil. Studies proved that huge tones of iron ore waste has been lying for decades in eight tailings dams in the state. Recognizing production possibility from the huge potential waste, the company announced to recover 31Mt of ore.

We have upgraded Canada’s biggest energy firm and the largest oil sands outfit Suncor Energy Inc. (NYSE:SU) to Outperform from Neutral, reflecting the company’s impressive portfolio of growth opportunities, unique asset base and high return potential in the long run.