Anglo American to boost Minas Rio mine to full capacity as it gets key licence
The permit allows the company to complete a third phase of development that will ramp up mine production to 26.5 million tonnes of iron ore per year.
The permit allows the company to complete a third phase of development that will ramp up mine production to 26.5 million tonnes of iron ore per year.
The bank, a joint venture between Industrial and Commercial Bank of China and Africa's largest lender Standard Bank, is a major participant in base metals markets globally.
Prices for the coal used to make steel are down about 30% since May,
New or expansion projects with a dam height of over 200 metres are prohibited, while tailings dams that have been in service for less than five years may not be expanded or rebuilt.
Top executives at the world's largest mining companies expect a big focus on environmental, social and governance issues and more consolidation.
The proposed rule would have to be approved by Congress, which goes on recess on Friday and doesn’t resume functions until February.
MINING.COM catches up with Brazilian zinc miner Nexa Resources two years after its $500m IPO about its expansion drive and company overhaul.
The move comes as rising volumes and volatility in industrial metals have boosted revenues for investment banks after years of lacklustre market conditions.
BHP's previous commodities trading stretches back to when it merged with British peer Billiton in 2001.
Company executives spent a week talking to key stakeholders in Washington.