Junior exploration in Peru

It had said in January that the closure of its Optimum coal mines would put over 1,000 jobs at risk.

The world's No.1 miner will continue boosting its iron ore output, adding to a global glut and keeping pressure on prices.

The yellow metal was on the brink of five-year lows on Tuesday, with further losses expected in the coming months.

Canadian mine takes top honours but Russia and USA dominate the rankings.

This would be second multi-billion dollar impairment charge Anglo takes this year on its coal and iron ore assets.

The price of iron ore is holding above $50 for now, but a contraction in Chinese steel output will see producers increasingly fight for market share.

It would be the first time since 2009 that Anglo has to cut dividends.

A group of scientists is asking international authorities to temporarily halt the approval of new underwater mining contracts until further environmental controls are put in place.

Despite the rosy outlook from Australia’s top iron ore producers, they are all facing staggering demand from their biggest customer — China.