Asia Pacific
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...
Asia Pacific
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...
Asia Pacific
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 sectorโs most exciting technology startups and facilitate a conversation about industryโs preparedness for the impact of new...
Asia Pacific
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...
Middle East
U.S. coal industry on board ‘slow-motion train wreck’โ report
U.S. coal industry on board 'slow-motion train wreck'โ 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,...
Middle East
LAWRIE WILLIAMS: India wonโt replace China as top resources consumer
Another day of excellent presentations from expert speakers at London' Mines & Money Conference. So much so that, as with the previous day, itโs difficult to pick out specific talks to write about in the time one has available....
Middle East
New doubts about Freeport’s Grasberg licence
Freeport's Grasberg licence extension not a sure thingThe deposit was first discovered in the 1930s and Freeport McMoRan has been mining copper, silver and gold at Grasberg in remote Indonesia since the 1970s. In terms of reserves, Grasberg is...
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