ABB and UWA join to realize future of digital mines

Company said the decision to place its the Stawell gold mine into care and maintenance was based on dwindling production at the operation.

BSGR will sue Rio Tinto in the English High Court to recover losses allegedly caused by Rio's actions, which run to several billions of dollars.

A new iron ore facility in Western Australia expects to start mining in early 2017.

Mine is set to start operations by the end of the year, with first shipment set for January 2017.

The steelmaking raw material is up 85% this year, or more than double its December 2015 price.

Russian-Canadian Vera Kirikova will become human resources group executive while Simone Niven will assume the corporate relations group executive post.

Just as quarterly benchmark negotiations between miners and Japanese steel mills kick off, the coking coal price comes off the boil.

While the miner is not longer being pressed to include its platinum assets in the divestment plan, the issue of how to package mines and which ones to include, remains a bone of contention.

Chief executive Jean-Sebastian Jacques comments come as the company had to suspend shipments from the Mongolian mine last week.