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Giant mine pit ‘swallowing’ 400-year-old Peruvian town

Giant mine pit ‘swallowing’ 400-year-old Peruvian townMine pit. Aerial | Wikimedia Commons. The Peruvian city of Cerro de Pasco, perched high up in the Andes, is about to sink into the deeps of a half-century-old, open-pit zinc and lead...

Argentina: End of currency controls will be good for mining

Struggling Argentina expects US$14 billion in mining exportsThe new Argentinian government is promising to end a series of capital controls that have been propping up the peso – a move that would benefit mining. Reuters reported on Sunday that...

Rio’s secret weapon for a sub-$40 iron ore price

Rio Tinto did not make a song and dance when it started mining at its Silvergrass project in Australia's Pilbara in August. After getting flak from politicians and competitors alike about its aggressive expansion strategy, the Melbourne-based giant probably...

Iron ore price reaches Sam Walsh ‘fantasy land’

Rio Tinto CEO Sam WalshIron ore fell to a record low on a spot price basis on Monday with the Northern China 62% Fe import price including freight and insurance (CFR) dropping 1.3% to $38.90 a tonne. After a...

Australia’s convention showcases emerging technologies for the mining sector

Aiming to become the premier technology innovation event for the resources sector in Australia, Unearthed Demo Day will showcase some of the sector’s most exciting technology startups and facilitate a conversation about industry’s preparedness for the impact of new...

Western Australia Iron Ore Overcoming Productivity Challenges

Immersive Technologies has released details on improvements their customers are achieving in Western Australia. Among the results reported are improvements in cycle times, production, time between machine failure and savings in training time. Few sectors have been under as...

U.S. coal industry on board ‘slow-motion train wreck’— report

U.S. coal industry on board 'slow-motion train wreck'— reportMcKinsey and Co. warns the U.S. coal industry is not just facing overcapacity, but also crippling liabilities that will outlive mine closures. It's been a dreadful year for the coal industry,...

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