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In April, ethical investors working on a global standard for tailings dams had written to 683 listed resource companies, including major miners, asking for information to be made public within 45 days about every facility they control.

China's iron ore dipped on Thursday and marked its weakest weekly performance in nearly two months.

The race to mine Guinea's iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia if ArcelorMittal shares its railway.

Brazilian mining giant Vale SA said on Wednesday it had created the new role of executive director for safety and operational excellence.

According to PwC, investors seemed unimpressed last year, as market valuations fell 18%.

Billionaire Beny Steinmetz’s mining company has sought bankruptcy protection in the US, two months after losing a $2 billion arbitration award to Brazilian mining giant Vale.