Vale sees relief in long-term iron ore market
Brazilian iron ore and coal producer, Vale, said the largest producers of iron ore would survive the current oversupply with prices likely to settle between $90-$100/t.
Marampa stopped amid possible sabotage
Production at the Marampa iron ore mine in Sierra Leone has been stopped following unverified reports of sabotage, said Cape Lambert Resources.
BHP slows Australian iron ore expansion
BHP Billiton is slowing down its expansion plans in iron ore, the first big miner to pull back as a global supply glut sends ore prices tumbling.
Rio “not blinking” in iron ore expansion plan
Rio Tinto lifted third quarter iron ore production 12% in a demonstration it was "not blinking" in its strategy to squeeze the market.
Tiger to boost Congo Tipol project a third
Tiger Resources to draw down on $137m credit facility in effort to boost Congo's Kipol copper project a third.
NUM did not agree to Sibanye layoffs
The National Union of Mineworkers said it had only agreed to voluntary retrenchments at Sibanye Gold's Beatrix West section.
Minas Rio to make Anglo bundles
The volatile iron ore market notwithstanding, Anglo American expects its Minas Rio iron ore mine to be highly cash generative.
De Beers’ Gahcho Kue project approved
The Gahcho Kue diamond project, described as one of the world's best, received the approval of Canada's government.
India in talks to buy SA coking coal
India was negotiating with South Africa to buy coking coal reserves would feed the country's growing steel industry.
Strike notices due at Lonmin, Implats
Strike notices would be handed to Lonmin and Impala Platinum by AMCU after its president, Joseph Mathunjwa, declared it "was done" after failing to agree wage increases.