Fortescue says iron ore cars derailed at Western Australia operationsLocal media earlier reported that the Fortescue rail line into Port Hedland, Australia’s iron ore export epicentre, remained out of action on Tuesday.Reuters | January 2, 2024 | 10:53 am
Agnico Eagle invests $17 million for 12% of Canada NickelCanada Nickel’s flagship project is the Crawford nickel sulphide deposit…Staff Writer | January 2, 2024 | 7:02 am
Biden extends EU steel, aluminum tariff exemption for 2 yearsThe Biden administration wants to continue negotiations on measures to…Reuters | December 28, 2023 | 11:09 am
CHARTS: Mining stocks gain on tech but remain an afterthought for investors Apple is worth more than the 100 biggest mining companies, three years of global copper production and all the world's seaborne iron ore. Frik Els | January 13, 2023 | 12:20 pm
Dalian iron ore hits 17-month high on China demand optimism Global supply concerns are also boosting iron ore prices. Reuters | January 13, 2023 | 9:14 am
Australia extends run of trade surpluses on metals exports Australia has posted monthly trade windfalls since January 2018, underpinned by sales of iron ore and natural gas. Bloomberg News | January 12, 2023 | 10:04 am
Europe’s largest rare earths deposit found in Sweden The discovery by Swedish state-owned miner LKAB could help the continent break away from China’s dominance in the sector. Cecilia Jamasmie | January 12, 2023 | 6:03 am
Norwest Energy urges shareholders to reject MinRes’ takeover bid Norwest said the bid failed to recognize the value of the firm, which has stake in a major gas discovery in West Australia’s Perth Basin. Staff Writer | January 11, 2023 | 4:51 am
Ivanhoe Electric ties up with Saudi Arabia’s Ma’aden The companies have formed a 50/50 joint venture to explore for metals considered key for the global energy transition. Cecilia Jamasmie | January 11, 2023 | 3:46 am
Top 50 mining companies in 2022: coal, lithium win big, China investors lose out Commodity prices are always volatile, but in 2022 metal and mining markets reached new levels of turbulence, as the pandemic played out in China and the Ukraine war upended global energy. Frik Els | January 9, 2023 | 11:16 am
Civmec gets over $228m contract for Rio’s Western Range project Civmec will carry out engineering work from its Henderson facility in Western Australia for the miner. Reuters | January 9, 2023 | 10:02 am
Fortescue Metals CFO Ian Wells to step down in latest shakeup Wells' resignation is the latest in the top management departures at Fortescue. Reuters | January 9, 2023 | 6:43 am