MINING.COM

Down again: iron ore sinks below $40 a tonne

It hit $39.40 a tonne, the lowest price ever recorded by price assessor The Steel Index (TSI), which began compiling data in 2008.

Cecilia Jamasmie | December 4, 2015 | 7:45 am

China’s steel giants lost $11 billion in first 10 months of 2015

That is more than double the profits reaped in 2014.

Cecilia Jamasmie | December 4, 2015 | 5:33 am

New doubts about Freeport’s Grasberg licence

Amid corruption scandal and contradicting earlier safeguards, Indonesia says won't make a decision on future of giant copper and gold mine until 2019.

Frik Els | December 3, 2015 | 12:10 pm

India won’t replace China as top resources consumer

India can support better an agrarian, low-earning, population than China can, which is a limit to growth in itself.

Sharps Pixley | December 3, 2015 | 1:21 am

Rio Tinto unveils one of largest diamonds ever found in Canada

The 187.7-carat Diavik Foxfire diamond will be showcased in London before returning to Antwerp for detailed assessment.

Cecilia Jamasmie | December 2, 2015 | 8:23 am

World’s two biggest miners walking away from coal, but they are not telling

BHP Billiton and Rio Tinto have significantly cut their investments in coal, while repositioning behind the scenes.

Cecilia Jamasmie | December 2, 2015 | 6:05 am

Iran mining bigger opportunity than oil

Iran is opening $29 billion of projects to foreign investors once sanctions are lifted – acquiring new mining equipment and technology is a top priority.

Frik Els | November 30, 2015 | 11:46 am

Metso to supply containerized crushing and screening plant to Saburkhan Technologies, allowing for cost efficiency and rapid plant set up

The revolutionary Metso NW Series crushing and screening plant allows customers to improve profitability at even the most challenging crushing sites and to move to the next site more easily than ever.

Metso | November 30, 2015 | 8:11 am

Iron ore keeps falling, drops below $43 a tonne

If that sounds bad, then you might not want to hear that the most-active iron ore futures in Singapore sank Monday below $40 a tonne for the first time ever.

Cecilia Jamasmie | November 30, 2015 | 5:00 am

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