ArcelorMittal to review Canada, Brazil iron assets

Bubble chart shows heavy reliance on iron ore and oil for revenues and profits post demerger.

New company would still have its primary listing in Australia, with secondary listings in South Africa and the UK.

Bridgette Radebe, chairwoman of Mmakau Mining and president of the South African Mining Development Association, is known for being one of Africa’s first black female mine owners.

Fresh data suggests it is still too early to celebrate a recovery in the sector.

Gold Fields Ltd. (GFI) seeks to buy mines already in production to boost cash flow, said the South African producer of the metal with operations from Australia to Peru.

Mali plans to boost funding opportunities for its artisanal miners and to improve the policing of a sector that produces about a third of the country's gold exports, officials said on Thursday at the start of a mining reform meeting.

"All that's required is to hand the world’s best mining assets to the world’s best management."

But new report by De Beers cautions that declining production could see the industry lose ground to other categories.

Strike action closes Guelb Moghrein copper-gold mine which accounts for 10% of Vancouver company's copper output and a quarter of its gold production.