Anglo American confirms turnaround plan, warns 2014 will continue to be tough
Cutifani said the firm has identified three "buckets" from which it plans to extract about $3.9 billion of extra earnings.
Cutifani said the firm has identified three "buckets" from which it plans to extract about $3.9 billion of extra earnings.
Baltic Dry Shipping Index has surged 220% this year as the iron ore and coal trade continues to defy Chinese bears.
The new data will allow the joint-venture to upgrade Indicated resources to the Measured category in an updated resource estimate.
The miner would need to lay off about 30,000 employees and dozens of contractors if it is not allowed to ship concentrates from the Indonesia.
China’s yuan has overtaken the euro to become the second-most used currency in trade finance.
David H. Smith, senior analyst at The Morgan Report, says that smart investors will take care to cull the weakest mining stocks from their portfolios and reinvest the proceeds in truly undervalued companies.
One mining company says that zeppelins are its best transportation option.
Investors eager to get the new industry off the ground willing to finance projects that can secure the availability of the key element.
The corporation would develop, construct, finance, operate and maintain infrastructure supporting access to strategic resources in the Ring of Fire.
The fundamentals tell Stefan Ioannou, mining analyst with Haywood Securities, that the outlook is good for copper and zinc in the midterm, while for nickel, stronger-for-longer is the watchword.