In this last Thursday, July 14, the Brazilian steelmaker Usiminas announced that it agreed to pay at least 1.16 billion dollars to have access to long iron ore resources in order to battle for an increase in steel prices.

Over the next five years, the Brazilian mining company, Vale SA, plans to spend more than $ 12 billion in investments in Africa.

Demand for gold in China could increase 22% over the next three years, beating, clearly, the domestic production.

On Tuesday, 17, Vale announced that it has opened its first factory for the production of nickel in Brazil. Jaguar Puma is one of the largest ferronickel production facilities in the world.

In this last Friday, Vale and BHP announced an expansion of 3 billion dollars in their joint ownership of iron ore project in Brazil Samarco.

The mining company Anglo American has delivered the first production from its $ 1.9 billion nickel mine in the Barro Alto.

Vale started producing nickel in Oz Puma, which is located in Para State The operation has a capacity of 53,000 tons.

According to Tye Burt, CEO of Kinross, four new projects will have from mid-2013 and late 2014, the company gives a big jump in annual production and at the same time reduce the overall costs of the group.

After seeing the reports of its commitment to large mining companies, the prime minister of Australia, Julia Gillard has ruled out major changes to a new tax on mining.