Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
Politicians are failing to grasp mining’s poorly conveyed benefits.
And, big iron-ore miners go for volume even as a surplus looms.
International Council on Mining and Metals president Tony Hodge says politicians are not understanding mining's complete range of benefits properly, while mining companies are failing to express them well.
International Council on Mining and Metals (ICMM) president Tony Hodge
Record iron-ore output from BHP Billiton and other mining giants appears to defy logic, with demand for the steel-making raw material cooling in top customer China and a price-eroding supply glut looming.
Video by Reuters
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