Middle East
Brazil mine accident puts tailings ponds safety back in the hot spot
Brazil mine accident puts tailings ponds safety back in the hot spotThe next time a mining company decides against dry-stacking as a too-costly alternative to tailings ponds, its directors and shareholders may want to consider what a tailings pond...
Middle East
Iron ore price craters
The price of iron ore fell to within shouting distance of all-time lows on Tuesday as worries about oversupply continue to dog the market and steel prices in top consumer China fall to record lows. Benchmark 62% Fe import...
Middle East
Australian-owned iron ore mine in Norway files for bankruptcy
The Norwegian mining subsidiary of Australia's Northern Iron Ltd will file for bankruptcy by the end of the day, Northern Iron told a new conference on Wednesday. Sydvaranger Gruve AS, which according to its website had 400 employees, was...
Asia Pacific
Current uranium market fundamentals strong – future is even brighter
With Japan finally restarting some of its nuclear reactor fleet (two reactors have come online since August) and China continuing its breakneck reactor build-out (with 29 reactors in operation and 22 under construction), the one commodity in the natural resource...
Asia Pacific
Collectors and connoisseurs shine at Rio Tinto’s Argyle Pink Diamonds Tender
D1Rio Tinto’s spectacular 2015 Pink Diamonds Tender collection of 65 rare pink and red diamonds from its Argyle diamond mine has delivered an exceptional result, reflecting global demand and sustained price growth. The Argyle Pink Diamonds Tender, known as...
Asia Pacific
Coal is dead? No one told China
China has permitted 155 coal-fired power plants this year or about four per week, says Greenpeace in a recently published study. If all the coal plants get built, they will have a total capacity of 123 gigawatts, equivalent to...
Asia Pacific
US Congress grants citizens rights to own asteroid-mined riches
Some asteroids are packed with minerals valued in the trillions of dollars.US Congress grants citizens rights to own asteroid-mined riches After months of deliberation, the U.S. Congress has unanimously passed a legislation that establishes legal rights for citizens to...
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