Barrick open to discuss joint venture in Nevada with Newmont

Rusty had been predicted to strike the Pilbara region's Port Hedland iron ore port, but instead touched down in the nearby town of Pardoo.

Plant projected to produce 11,000 tonnes by second quarter of this year.

Companies are drilling deeper and expanding exploration like never before.

That's gonna hurt.

The discovery of the Venus deposit could reshape the future profitability and direction of BHP's struggling Nickel West business.

The announcement pushes Rio's new CEO Sam Walsh to deliver on his promise of vast operating cost cuts, asset sales and reduced capital expenditure ahead of a possible collapse in iron ore prices.

Cyclone Rusty's supply disruptions not affecting market.

The new penalties would depend on company profits, which means large miners will pay higher fines than small companies.

Cyclone hitting a region where half of the world's seaborne iron ore is shipped