Vale extends slide as outlook for iron ore remains bleak

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.

Nine drill rigs are working a 30,000-35,000 metre program, with results feeding into future resource estimates.

BHP detailed to investors this week plans to spend $10.7 billion to $14.7 billion within about 10 years.

The Cobre Panama mine paid the price for the accumulated national discontent, said President José Raúl Mulino.