A United Steelworkers investigation says Vale's Stobie nickel mine fatalities could have been avoided and has called on the Ontario Government to bring criminal charges against the company.
Moody's sees record results from iron ore miners in 2011 unlikely to be maintained as prices expected to weaken - except perhaps for the big three: Vale, Rio Tinto and BHP.
Rubicon crosses key threshold towards building its Phoenix gold project in the Red Lake district through a financing that has pulled in enough cash to cover estimated CAPEX in full.
Rather than drastically change or destabilise the Indian financial market, a correction in the price of gold could actually mitigate financial stress, a paper by India's central bank has noted.
Iron ore is poised to rise for a fourth month in a row in February and can bet on further gains with Beijing gearing up for a pickup in the steel market.
In the wake of a 2011 roller coaster ride in the rare earth market, the sector still holds promise for astute investors. Critical Metals Report interview with Jason Burack and Mo Dawoud.
Tighter credit and labour shortages will thwart miners' plans to boost iron ore output, global miner Rio Tinto said on Tuesday, joining other majors in playing down concerns the market would soon be oversupplied.
Sandvik Mining has launched two new underground trucks - the new TH550 and TH540 offer energy-efficient and low-emission EPA Tier 4i/EURO Stage IIIB engines. Compact and agile, they offer the biggest payload per envelope size and empty vehicle weight.
Agnico-Eagle, which has seen its share price tumble following setbacks at key mines, has now set more realistic targets in a move to rebuild investor confidence in the Canadian gold miner, Chief Executive Sean Boyd said on Monday.
Vale's CEO has told the audience at a conference in Beijing that a huge expansion in global iron ore mining will be necessary to make up for depletion at current mining operations to feed ever-growing demand.
Richard O'Brien, Newmont Mining CEO, says he is confident the company will be able to go ahead with its $4.8bn jv with Buenaventura to develop the Minas Conga gold mine in Peru.
