Rio, mills agree to 95% hike in Iron Ore
Rio Tinto, the world's second largest iron ore producer, has reportedly agreed to a 95 per cent price hike for the steel-making commodity for small Chinese mills.
Rio Tinto, the world's second largest iron ore producer, has reportedly agreed to a 95 per cent price hike for the steel-making commodity for small Chinese mills.
Steel-making materials such as iron ore, coking coal and manganese have hit the headlines this year in light of record prices due to a boom in demand from the industrialising economies of China and India.
Newfoundland and Labrador may soon become Canada's third province with a significant potash industry.
Nearly two decades after it was first proposed, a mine on Buckhorn Mountain in remote north-central Washington will begin producing gold-bearing ore.
John Saunders does not think it is good enough for Australia to simply dig up its resources and ship them to China.
Chinese-origin molybdenum oxide prices this week moved up to $33-33.30/lb on a CIF basis compared with $32.65-33.20/lb a week earlier, as more consumer interest returned to the market, local sources said.
Western Australian Premier Allan Carpenter has called an urgent conference between industry, power utilities and the government for this Sunday to resolve the near-term problems that hit the State on Wednesday.
A 55-year-old Marion County coal miner was killed Thursday morning at the Robinson Run Mine while he was operating a locomotive underground, officials said.
Gold Fields , the world's fourth-largest gold producer, on Friday confirmed that the illegal strike at its Beatrix mine near Welkom in the Free State had been called off and that all 1,300 mineworkers had been ...
Trade Union Solidarity said 100 of its members were trapped 900 metres underground at Gold Fields' Beatrix mine outside of Welkom in the Free State as 1,200 other mineworkers embarked on an illegal strike at ...
Etruscan Resources Inc. reported today that its Youga Gold Mine, located in Burkina Faso, West Africa recovered approximately 7,800 ounces of gold and poured in excess of 6,200 ounces ...
Investigators are trying to determine how a West Virginia coal miner was killed by the locomotive he was driving underground.