Vale raises potential failure alert at three dams

Mahesh C. Khemlani has been installed as the new President of the Panama Diamond Exchange in an inauguration ceremony conducted yesterday morning on the PDE trading floor.

Chinese scrap – typically around 90% Fe – has fallen to below 62% iron ore at its 2011 peak and below domestic pig iron prices.

The situation, says the ratings agency, won’t change over the next 12 to 18 months, and metal prices may fall even further.

Rick has seen too many cycles to answer a question like that.

Vale's scorched earth strategy pays off: production on its way to 450 million tonnes at an astonishing cost of just $12.70 a tonne.

The copper mine, one of the world's biggest, is on track to begin production in the first quarter of 2016, despite weak prices and relentless protests against the project.

The world's largest equipment maker not only reported lower quarterly profits, but also cut its 2015 earnings forecast and warned its revenue would fall even further next year.

The U.S’s largest mining company unveils plans to further slash copper and molybdenum output.

Earnings, however, beat analysts’ estimates as Canada’s largest diversified miner cut costs to deal with weak commodity prices.