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Gina Rinehart has told her bankers Roy Hill could have been twice as big had it not been for the financial troubles suffered by her family's company Hancock Prospecting after the high-grade iron ore deposit was pegged in the early 1990s.
BHP Billiton has increased its full-year guidance for Pilbara iron ore production as the mining giant enjoys the benefits of its big-ticket expansion strategy.
Rio Tinto has kicked off 2014 by missing expectations for iron ore output, but has stuck to its full year guidance.
UPDATE: A delicate recovery operation is set to begin later today to bring out the bodies of two coal miners killed in an underground mine collapse.

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