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Rio Tinto raises iron ore production targets despite global metal gloomSecond biggest diamond ever found unearthed in Botswana

Mining giant Rio Tinto defied falling metal prices and said it would increase iron ore production by as much as 7 this year taking advantage of its position as the producer with the lowest costs in the worldThe second biggest diamond ever found has been unearthed by a small mining company in Botswana

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Largest diamond discovered in more than 100 years set to fetch eye watering £50m at auctionMARKET REPORT Miners lose iron grip as ore prices tumble

The Lesedi la Rona a massive 1 190 carat diamond was unearthed in Botswana in November by a mining companyHEAVYWEIGHT miners dragged leading shares lower yesterday amid concerns over tumbling iron ore pric

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Canadian mining company shifts from iron ore exploration to selling eggs amid commodity routNike is dropping its golf equipment business

The iron ore business is so lousy that one Canadian mining company is shelving its biggest project and starting a new venture selling Australian eggs to ChinaBEAVERTON Ore Nike is dropping its golf equipment business to focus on shoes and apparel

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404 carat diamond worth £10 MILLION discovered in AngolaCanadian mining company shifts from iron ore exploration to selling eggs amid commodity rout

The stunning gem was discovered by Australian mining company Lulo Diamond Project in Angola s Lunda Norte province in the country s north eastThe iron ore business is so lousy that one Canadian mining company is shelving its biggest project and starting a new venture selling Australian eggs to China

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In risk averse mining sector innovation begins with taking the guesswork out of sorting rockDominion Diamond leadership change should be smooth

The current method for identifying high and low value ore is incredibly inefficient says Andrew Bamber of MineSense Technologies LtdJust over three weeks after a group of activist investors called for change at Dominion Diamond Corp the two sides have reached a standstill agremeent

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Small companies round up Beowulf mining s Kallak iron ore project risesRio defends expansion as iron ore surges

A BULLISH resource update from its Kallak iron ore project in Sweden lifted Beowulf Mining 003p to 188p while driver fatigue monitoring systems firm Seeing Machines accelerated ¼p to 613p after a £57million fundraisingQuarterly iron ore output up 12 even as rivals criticise miner for flooding the market

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VIDEO Malaysia bauxite ban after mining surgeAnglo American plans to hasten coal and iron ore sell offs as profits halve

Malaysia s government has imposed a three month freeze on the extraction and export of bauxite the ore used to make aluminium after a dramatic surge in mining in the east coast state of PahangThe UK listed mining giant has been hit by sharp falls in global commodity prices in recent monthsAnglo American has revealed plans to accelerate the sale of its iron ore coal and nickel mines in a sweeping overhaul after its annual profits

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MARKET REPORT Miners lose iron grip as ore prices tumbleScotgold plans ore processing trial

HEAVYWEIGHT miners dragged leading shares lower yesterday amid concerns over tumbling iron ore pricThe company mining for gold in the central Highlands of Scotland announces plans for an ore processing trial

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Iron ore is wreaking havoc on WA Welcome to capitalism Colin BarnettImperial Oil s Kearl oilsands operation to suspend production for several weeks

Collapsing iron ore prices are set to smash the Western Australian budget But the premier cant blame the miners when the states forecasts were too high Continue reading CALGARY Imperial Oil Ltd TSX IMO says its Kearl oilsands project will be shut down for several weeks as a precaution while the company deals with an equipment malfunctionImperial says it will install replacement parts to deal with

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Anglo American sees diamond business shine to help cover iron ore and mining losses Nike is dropping its golf equipment business

Anglo American posted better than expected results as its diamond business helped cover losses in other areasBEAVERTON Ore Nike is dropping its golf equipment business to focus on shoes and apparel

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Dominion Diamond investors urge it use cash for stock buybacksMARKET REPORT Miners lose iron grip as ore prices tumble

Dominion Diamond Corp a Canadian miner targeted by activist investors unhappy with its management should use its cash to buy back stock two shareholders with significant stakes saidHEAVYWEIGHT miners dragged leading shares lower yesterday amid concerns over tumbling iron ore pric

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Iron ore and rare earth metals mining an industry under siege Roger Agnelli who turned Vale into a global mining giant dies in plane crash with wife and two children

Resource scarcity and human rights issues surrounding metals extraction coupled with unrelenting global demand mean the industry is facing some tough realities Continue reading Roger Agnelli presided over an unprecedented decade of growth during the commodities boom that entrenched Brazilian mining company Vale SA as the world s largest iron ore producer

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Iron ore is wreaking havoc on WA Welcome to capitalism Colin BarnettIron ore and rare earth metals mining an industry under siege

Collapsing iron ore prices are set to smash the Western Australian budget But the premier cant blame the miners when the states forecasts were too high Continue reading Resource scarcity and human rights issues surrounding metals extraction coupled with unrelenting global demand mean the industry is facing some tough realities Continue reading

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Imperial Oil s Kearl oilsands operation to suspend production for several weeksHow this northeastern Quebec city is getting burned by the collapse in iron ore prices

CALGARY Imperial Oil Ltd TSX IMO says its Kearl oilsands project will be shut down for several weeks as a precaution while the company deals with an equipment malfunctionImperial says it will install replacement parts to deal with For the last several years Sept Îles Que has been looking for relief from the economic crisis that has hit the region since iron ore fell from nearly US$190 a tonne in to US$37 in mid December

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