Ivory Coast to open iron, nickel mines in 2014

Ivory Coast will start extracting iron ore and nickel from proven deposits in its west and exporting them via a planned rail link to the port of San Pedro by 2014, the state mining company said on Tuesday. The West African nation is better known...

Iron-ore prices may rise 50% or more in 2010 – CRU's Newman

Iron-ore prices will likely be at least 50% higher this year compared with 2009, CRU Strategies Consultants COO Phil Newman said on Sunday. He was relieved to find, through a show of hands, that most of his audience on the first day of the...

Mongolia adopts new approach to opening up its mineral wealth

The East Asian country of Mongolia, which contains some of the biggest unexploited metals and minerals resources in the world, has confirmed an alteration in its strategy for developing its mining industry. The country is known to possess coal,...

Daily podcast – January 11, 2010

Chinese authorities are expected to say today whether four Rio Tinto employees will have their cases referred to prosecutors; and Homeland Energy concludes a loan arrangement with GMR Energy.

BHP, Rio JV abandons plan to jointly market Pilbara iron-ore

Diversified miners BHP Billiton and Rio Tinto have decided not to proceed with joint marketing activities from their joint-venture (JV) iron-ore operations in the Pilbara region of Western Australia, the companies announced on Thursday. In June,...

Daily podcast – July 14, 2009

In today's podcast: Chinese investigators have questioned executives at several steel mills in a widening probe of alleged leaks of state secrets to Australian iron ore supplier Rio Tinto; and Aquarius will spend R250-million to prepare the...

Mining industry faces 'tough road ahead' - PwC

Mining companies have some difficult decisions to make if they are to reduce costs and protect margins in the prevailing economic environment, professional services group PricewaterhouseCoopers (PwC) said in a report published on Tuesday. "There...

Junior iron-ore producers say BHP-Rio deal could lead to job losses

The proposal by diversified miners BHP Billiton and Rio Tinto to merge their iron-ore operations, could lead to significant job losses in Western Australia, North West Iron Ore Alliance (NWIOA) said on Monday, highlighting the importance of...

Daily podcast – March 19, 2009

In today's podcast: China's steel industry reiterates its view that term iron ore prices should fall by at least 40% to 2007/8 levels; and Colombia expects to give AngloGold Ashant an environmental permit for exploration at the stalled La Colosa...