An arbitral tribunal in London has ordered BSG Resources (BSGR) to pay Brazilian miner Vale $1.25-billion plus costs and interest in a case relating to the Simandou iron-ore concessions in Guinea. The award is for fraud and breaches of warranty by BSGR…
BSG ordered to pay Vale $1.2bn over Simandou Read More »
Vale SA has opened negotiations with prosecutors and families of victims of the deadly January dam disaster.
The post Vale opens talks on compensation for dam disaster victims appeared first on MINING.com.
Vale opens talks on compensation for dam disaster victims Read More »
Currently available only in the Komatsu PC7000-11 models, the Argus PLM system will be rolled out across other PC series excavator models later on.
The post MineWare and Komatsu launch solution aimed at increasing productivity of loading tool appeared first on MINING.com.
MineWare and Komatsu launch solution aimed at increasing productivity of loading tool Read More »
Iron-ore’s poised to hit $100/t, according to Citigroup, which highlighted “very, very low” seaborne cargoes just as data from China may show a pick-up in demand. That view follows advice from Goldman Sachs Group that investors should be closing bullis…
As Goldman backs off, Citi says chase iron-ore rally to $100/t Read More »
Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.
The post $6 billion private capital ready to invest in mining appeared first on MINING.com.
$6 billion private capital ready to invest in mining Read More »
Move is aimed at providing a tool for institutional investors to assess the risk from their holdings in mining companies.
The post Miners challenged to urgently reveal tailings safety records appeared first on MINING.com.
Miners challenged to urgently reveal tailings safety records Read More »
With a market facing a global deficit that was unforeseen at the start of the year, the world’s biggest iron ore export port is flagging a timely boost in shipments as Fortescue Metals Group and rivals bring on new mines in Australia’s remote Pilbara r…
World’s largest iron-ore port expects more exports post Vale Read More »
Iron-ore’s supply-driven rally picked up pace on Wednesday, with futures topping $90 a ton, amid increasing concern the crisis at Brazil’s Vale will be drawn out as regulators ordered dozens of dams to be shut. Futures for benchmark material rallied as…
Iron-ore thunders higher as mine dams closed, exports collapse Read More »
Announcement follows the company’s commitment to build the $1.3 billion Eliwana iron ore mine last year.
The post Fortescue OKs $2.6B expansion of Iron Bridge magnetite project appeared first on MINING.com.
Fortescue OKs $2.6B expansion of Iron Bridge magnetite project Read More »
There is enough evidence to conclude that risk capital has found a new home, a BDO report shows. The question now is, it says, how and where will junior miners will find the capital needed to sustain their businesses.
The post Cannabis fad mows down Canada’s junior mining sector appeared first on MINING.com.
Cannabis fad mows down Canada’s junior mining sector Read More »
