Vale is to place its Integra Coal mine in Australia “into care and maintenance”, as the operation is not economically feasible under current market conditions.

Australia’s Bureau of Resources and Energy Economics (BREE) is expecting spot iron ore prices to moderate to an average of $119 per tonne fob Australia in 2014 due to increased supply.

Mining companies have radically overhauled the case for investment this year.

The United Nations has called on Mozambique’s government to ensure that communities affected by its burgeoning coal industry are supported by effective infrastructure and local services.

Good morning from Metal Bulletin’s office in Singapore as we bring you the latest news and pricing stories on Tuesday February 27.

Liberty House is on the verge of securing further assets in the aluminium sector, with the growing industrial group – led by entrepreneur Sanjeev Gupta – continuing its speedy expansion in the metals sector, Metal Bulletin understands.

Iron ore exports out of Australia’s Port Hedland hit a new high in May, according to figures released on Thursday June 4 by the Pilbara Ports Authority.

Commodities giant Glencore has slashed a further 100 jobs from its Newlands coal operations in Australia, the company said on Tuesday August 12.

Israeli diamond billionaire Beny Steinmetz and BSG Resources are suing French satirical newspaper Le Canard Enchaîné for libel, a spokesman for BSGR told Steel First on Tuesday October 1.

An increase in the chartering of Capesize vessels in July saw the dry-bulk freight market reach its highest point for 18 months.